News Summary

Will Shu, the founder and CEO of Deliveroo, is set to step down from his position following the completion of the company’s acquisition by US-based food delivery giant DoorDash. This move marks a significant transition for the London-based Deliveroo, which has been valued at £2.9 billion in the takeover deal. Shu’s departure signifies a pivotal moment in the food delivery industry as DoorDash expands its global footprint.