Food delivery company DoorDash has bought rival platform Caviar from Square for $410m in a cash and stock deal that allows Square to concentrate on money delivery. The acquisition is expected to close by the end of this year.
Food delivery company DoorDash has bought rival platform Caviar from Square for $410m in a cash and stock deal that allows Square to concentrate on money delivery. Caviar delivers from more upscale restaurants than its competitors and uses its own food messengers rather than restaurants’ delivery staff.