Square sells food-delivery service Caviar to DoorDash for $410 million
AFP | Getty Images
Square is getting out of the food delivery business.
The payments company is selling its on-demand delivery service Caviar to DoorDash for $410 million, Square announced during second-quarter earnings Thursday.
The acquisition will be a combination of cash and DoorDash preferred stock, and is expected to close at the end of this year. According a securities filing, Square bought…
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