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On June 17, 2025,
(DASH) experienced a significant decline, with its trading volume dropping by 35.88% to $558 million, placing it at the 125th position in the day's stock market rankings. The stock price fell by 1.07%.DoorDash has completed its $1.2 billion acquisition of SevenRooms, a hospitality technology firm. This strategic move aims to enhance DoorDash's platform with advanced customer relationship management (CRM), reservations, and guest tools, ultimately boosting merchant growth. SevenRooms, founded in 2011, has a strong client base that includes Marriott International, MGM Resorts International, Mandarin Oriental Hotel Group, and Wynn Resorts. The acquisition is part of DoorDash's broader strategy to improve customer experience and expand its technological capabilities.
In addition to the SevenRooms acquisition, DoorDash has been actively expanding its delivery options. The company recently purchased Deliveroo, a British food delivery company, for approximately $3.8 billion. Deliveroo operates in multiple countries, including France, Belgium, Ireland, Italy, Singapore, the United Arab Emirates, Kuwait, and Qatar. DoorDash is also exploring drone delivery in Charlotte and sidewalk robot delivery in Chicago and Los Angeles, while launching new AI-powered advertising platforms. These initiatives reflect DoorDash's commitment to innovation and growth in the food delivery sector.
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