DoorDash is buying Caviar from Square in a deal worth $410 million

Facebook erXVLz
Aug 1 33 Comments

"DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar. DoorDash has agreed to pay Square $410 million in cash and preferred DoorDash stock.

Square bought Caviar about five years ago in a deal worth about $90 million. Now, Caviar has found a new home with DoorDash, the on-demand delivery startup that had been under fire for months regarding how it pays its delivery workers. DoorDash finally did right by its workers just last week."


Want to comment? LOG IN or SIGN UP
TOP 33 Comments
  • I feel like we should be aggressive and buy post mates and Grubhub in response
    Aug 1 13
    • Amazon broke&dumb
      That's a joke today, could become reality tomorrow.
      Happens in tech all the time. Verizon bought Yahoo after all.
      Aug 1
    • Uber / Eng

      Uber Eng

      Capital One
      @Postmates don't act like working with Basti is a treat. He's completely insufferable.
      Aug 1
    • Expedia Group hanapa
      Uber can’t afford Postmates and Grubhub is bigger than UberEats lol you’re not buying shit 😂
      Aug 1
    • DoorDash iSIj12
      Uber has any cash?
      Aug 1
    • DoorDash / Eng dasha8777
      none left so they're firing😅
      Aug 2
  • Uber uZ9mM
    I had forgotten about Caviar. Does anyone use them any more?
    Aug 1 3
    • Postmates EgJA67
      They have 5% national market share but with the acquisition DD owns the Bay Area
      Aug 1
    • Uber wfhj
      Yes people use them in the Bay Area. People from Uber are very biased because they have free Uber credits.
      Aug 1
    • Uber


      They’re my Souvla button pretty much
      Aug 1
  • Uber vsafurfh
    Cavaier provides group ordering and that's a killer feature ! Uber eats sucks!
    Aug 1 1
    • DoorDash hqt1
      So does DoorDash
      Aug 1
  • Square / Eng TransferMe
    Pour one out for our fallen comrades.
    Aug 1 0
  • Square / Eng owIW55
    15% off Door Dash via Cash App BOOST, btw
    Aug 1 0
  • Twilio / Creative ParatoWine
    Heard post mates was trying to sell to doordash but Caviar has bigger market share than them so that makes sense.
    Aug 1 1
    • DoorDash M7sU5jQi
      Caviar doesn’t have bigger market share than postmates.
      Aug 1
  • Uber exCTO
    Caviar is probably the delivery service with the greatest profit potential because they focus on businesses/catering.
    Aug 1 0
  • Microsoft Anankaie
    Well, I used to use Caviar. Unfortunate to hear DoorDash bought them.
    Aug 1 0
  • Oath Atinlay2
    Layoffs coming!
    Aug 1 2
    • DoorDash lpokij
      How are things at oath/vz media?
      Aug 1
    • Uber didify
      So jelly @lpokij...
      Aug 1
  • DoorDash iSIj12
    Postmates think they worth a lot but actually not. No one will buy.
    Aug 1 1
    • GrubHub grubster
      Postmates is a shit show. And as arrogant as it gets.
      Aug 6
  • Google / Eng

    Google Eng

    Workers of the world, unite!
    That explains why I saw Jack Dorsey at Square HQ today. Caviar team prolly not too happy eh...
    Aug 1 1
    • Uber thu1
      They had earnings call that day as well
      Aug 2


    Real time salary information from verified employees