DoorDash said on Tuesday it was acquiring European food delivery service Wolt in an all-stock deal valued at $8.1 billion. The acquisition, set to close in the first half of next year, will help DoorDash expand internationally and build out its still-nascent grocery delivery business. Helsinki-based Wolt operates in 23 countries, including Japan and in Europe, and last year expanded to offer...
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Live from SF, It’s Tech Week
Hi, welcome to your Weekend.It was the boom-iest of times, it was the doom-iest of times. At least that’s how it feels right now in Dickensian San Francisco, where AI companies are setting up shop on every avenue, while fentanyl dealers are hanging out in every alley. I joke—but seriously, it’s wild out here. No fewer than 17 of the 35 startups listed on The Information’s new Generative AI...
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