Tony Xu has picked a good time to chow down on a rival. The DoorDash chief executive has offered to gobble up Deliveroo , valuing his British peer at $3 billion after deducting net cash. While the $79 billion U.

Deliveroo indicated in filings it was inclined to accept the deal, which would bring DoorDash into major markets including the U.K., France and Italy.

Investors found the stock too tempting to miss just days after U.S. firm DoorDash made a $3.6 billion buyout offer for the British meal delivery company.Deliveroo also announced Monday it would suspend its more $133.