DoorDash has acquired Wolt in an all-stock transaction, bringing DoorDash to 27 countries.

DoorDash aims to accelerate its international growth through product development and investment efficiency.

“Today marks the beginning of a new chapter for Wolt,” said Miki Kuusi, Wolt CEO. “By joining forces with DoorDash, we have an even greater ability to build delightful products and services across continents. Our two companies share a strong vision for local commerce, and working side by side, we can accomplish more for all our stakeholders.”