WHAT IS CAVIAR? Caviar is a logistics platform, much like DoorDash, that DoorDash acquired at the end of 2019. Caviar operates in select cities and offers customers additional restaurant selection - sometimes not found on the DoorDash App.
When did DoorDash buy Caviar?
Square announced the sale of Caviar, to DoorDash for $410 million last August. At the time, CEO Jack Dorsey, who is also the chief executive of Twitter, said in a statement the move would allow Square to double down on investments and focus in its core payments businesses.
Why does DoorDash own Caviar?
“We have long-admired Caviar, which has a coveted brand, an exceptional portfolio of premium restaurants and leading technology. The acquisition further enhances the breadth of our merchant selection, enabling us to offer customers even more choice when they order through DoorDash.