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Announced

DoorDash to acquire Chowbotics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

logistics robots

United States

Friendly

Single Bidder

Private

Pending

Machinery: Industrial

Acquisition

Domestic

Synopsis

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DoorDash, an American on-demand prepared food delivery service, agreed to acquire Chowbotics, a developer robots for food service. Financial terms were not disclosed. “We have long admired the work that Chowbotics has done to increase access to fresh meals, with its groundbreaking robotics product and vision. With the Chowbotics team on board, we can explore new use cases and customers, providing another service to help our merchants grow," Stanley Tang, DoorDash Co-Founder.

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