Good morning. Automation, AI agents, and M&A are top of mind for the on-demand delivery platform and tech company DoorDash.

During Fortune Brainstorm Tech , which kicked off Monday in Park City, Utah, DoorDash CEO Tony Xu spoke with Fortune ’s Jason Del Rey about M&A, noting he has learned the importance of partnering with operating teams that share DoorDash’s values.

“That’s what we found when we met Wolt in 2021—a team with very shared values, which to me is probably the hardest thing to get right in M&A,” Xu said. “M&A is very easy to get right on a sheet of paper; it’s very hard to get right in practice.”

Earlier this year, DoorDash closed the $1.2 billion acquisition of SevenRooms, which helps businesses gain a 360-degree view of their guests with marketing as a service, he s

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