this is unsurprising.
square was running caviar on fumes and was either gonna sunset it or sell it. i imagine doordash will probably wind down the caviar brand and move all of caviar’s restaurants to doordash (may make some restaurant owners who were avoiding doordash unhappy).
Quote Tweet
Today we issued a press release with @DoorDash announcing that we have entered into a definitive agreement in which DoorDash has agreed to acquire @Caviar, our food ordering platform, for $410 million in a mix of cash and DoorDash preferred stock. $SQ
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