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    Wolt
    Food delivery, E-commerce, Grocery retail

    Wolt

    Finland flagFinland

    "The joy of food, delivered."

    Founded 2014 Helsinki, Finland CEO: Miki Kuusi
    Community

    About

    The Helsinki startup scene buzzed in 2014 when three friends launched a service designed to beat the clock on dinner. Miki Kuusi, Juhani Mykkänen, and Elias Aalto built an app that promised faster delivery from local restaurants than anyone else could manage. Their strategy relied on connecting customers directly with independent merchants rather than just big chains, creating a hyper-local network across Europe and Asia.

    Over the last decade, the company evolved from a simple meal delivery tool into a broader e-commerce platform. Wolt Market now operates physical grocery stores alongside its digital marketplace, selling household goods and pharmacy items. This pivot toward retail commerce proved successful; by April 2026, grocery sales made up more than 25% of the company's global revenue, placing it among Europe's top ten online grocers.

    DoorDash acquired the Finnish brand in late 2022 for roughly $7.9 billion to expand its international footprint. While the parent company announced plans in early 2026 to wind down operations in four smaller markets to optimize its portfolio, Wolt remains a primary brand in core territories. The company continues to experiment with features like split payments for group orders and maintains a playful marketing style that emphasizes human connection over sterile utility.

    Products & Sub-brands

    Wolt AppWolt MarketSplit PaymentsWolt Courier Network

    Frequently Asked Questions

    Who owns Wolt?
    DoorDash acquired Wolt in November 2022 for approximately $7.9 billion. The Finnish company now operates as a subsidiary within the larger American corporation.
    Is Wolt still in business?
    Yes, Wolt remains fully operational in most of its core markets across Europe and Asia. However, DoorDash announced in early 2026 that it would wind down services in four specific countries to streamline its global portfolio.
    What is Wolt vs. Deliveroo?
    Both are major food delivery aggregators, but Wolt has a stronger historical presence in Northern and Eastern Europe. It is increasingly focused on grocery delivery through its physical store chain, whereas Deliveroo dominates heavily in the UK and parts of Western Europe.
    How much is Wolt worth?
    Before its acquisition, Wolt was valued at around €3.7 billion ($4 billion). Following the purchase by DoorDash, it operates as part of a public corporation rather than maintaining a standalone valuation.
    Does Wolt deliver groceries?
    Yes, Wolt offers extensive grocery delivery services and operates physical "Wolt Market" stores in several cities. As of April 2026, retail sales accounted for over 25% of the company's global revenue.

    Keywords

    food deliverygrocery deliveryHelsinki startupDoorDash subsidiaryWolt Marketcourier safetysplit payments

    Sources

    Company Info

    Founded
    2014
    Founder
    Miki Kuusi, Juhani Mykkänen, Elias Aalto
    CEO
    Miki Kuusi
    Headquarters
    Helsinki, Finland
    Industry
    Food delivery, E-commerce, Grocery retail
    Parent Company
    DoorDash
    Acquisition Price
    $7.9 billion
    Acquisition Date
    November 2022
    Retail Revenue Share
    Over 25%
    Countries of Operation
    More than 20
    McDonald's Partnership
    Heated waiting room opened in Helsinki (October 2026)
    New Feature Launch
    Split Payments (July 2026)
    Major Outage
    Third global outage occurred in May 2026

    Official Website

    wolt.com/

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