DoorDash Buying Robot Chef Company Chowbotics

Would you let a machine prepare your appetizer? DoorDash (NYSE: DASH) clearly believes so, and it has agreed to acquire a company that designs and builds automated food preparation solutions.

Both DoorDash and that company, Chowbotics, confirmed the deal on Monday, following a report in The Wall Street Journal that such an arrangement had been made. Neither the terms nor the price of the deal have yet been made public; according to the Journal, Chowbotics was valued at roughly $46 million in 2018 during its most recent funding round.

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Source Fool.com