Cooking up a deal: DoorDash's Europe push is fraught with challengesDoorDash is making a significant push into Europe with the $3.9 billion acquisition of Deliveroo, expanding its reach to 40 countries. Mean...
07 May, 2025, 03.10 PM IST
DoorDash is on a $5 billion buying spree after earnings beatIn a bold global expansion move, DoorDash announced $5.1 billion in acquisitions—UK-based Deliveroo and tech firm SevenRooms—while posting ...
07 May, 2025, 08.39 AM IST
NYC minimum wage for delivery drivers upheld by appeals courtThe Manhattan-based Appellate Division, First Department on Thursday denied appeals by Uber, DoorDash Inc and Grubhub Inc after a state jud...
02 Dec, 2023, 02.43 PM IST
Uber, DoorDash lose bid to block NYC minimum wage for delivery workersUber, DoorDash, Grubhub Inc and food delivery service Relay Delivery Inc claim the law will force them to shrink service areas to absorb th...
28 Sep, 2023, 11.05 PM IST
Uber, DoorDash sue New York City over minimum wage lawThe companies filed separate complaints in New York state court claiming the law, which takes effect next week, is based on a misunderstand...
06 Jul, 2023, 10.11 PM IST
Uber CEO says won’t cut jobs despite mounting tech layoffsUber Technologies Inc. isn’t considering cutting jobs even as competitors from DoorDash Inc. to Lyft Inc. slash staff to deal with an uncer...
02 Dec, 2022, 06.39 PM IST
Food delivery firm DoorDash approves $400 million stock buybackAccording to the company's filing, the move is being made to offset dilution from its employee stock-compensation programme.
20 May, 2022, 11.51 AM IST
SoftBank Vision Fund sells $2 billion of DoorDash sharesSoftBank Group CEO Masayoshi Son has tapped his shareholdings in DoorDash Inc. for the third time in just six months, selling $2 billion wo...
01 Nov, 2021, 11.09 AM IST
DoorDash to deliver alcohol across 20 US states, Canada and AustraliaAfter soaring in popularity during pandemic-driven lockdowns, food delivery platforms are looking to expand their businesses by offering de...
20 Sep, 2021, 09.32 PM IST
DoorDash sues New York City over customer data law, second lawsuit in weekThe lawsuit was filed in federal court in Manhattan six days after DoorDash, Grubhub Inc and Uber Eats sued the United States' most populou...
16 Sep, 2021, 05.05 PM IST
Uber Eats, DoorDash, Grubhub sue New York City over legislation on commission capsThe New York City Council approved in August a legislation which limits the amount that food-delivery companies can charge restaurants to u...
10 Sep, 2021, 08.01 PM IST
DoorDash talks to invest in grocery startup GorillasThe San Francisco-based company was discussing investing $400 million in a deal that would have valued the startup at $2.5 billion.
21 Aug, 2021, 06.48 PM IST
IPOs are being priced at unsustainable levels, warns BlackRock CEOFink said some IPOs are being priced at levels that are ultimately “unsustainable.” He didn’t mention any companies.
12 Dec, 2020, 12.04 PM IST
Airbnb valuation reaches $100 billion in trading debut surgeSan Francisco-based Airbnb’s fully diluted valuation is even higher, around $100 billion including employee stock options and restricted st...
11 Dec, 2020, 07.20 AM IST
Airbnb set for huge day-one pop, value could top $100 billionThe stock will start trading Thursday, with early pricing indications climbing as high as $150 per share, way above the $68 IPO price.
10 Dec, 2020, 09.57 PM IST
SoftBank’s venture capital riches swamp the marketThe size and pace at which SoftBank made its investments raises issues of whether it paid close attention to the usual valuation metrics.
24 Sep, 2019, 09.38 AM IST
Uber is biggest loser in SoftBank IPO returns, Oyo a bright spotAt the Vision Fund, unrealized losses totaling $1.84 billion were recorded during the quarter ending June 30, attributable to decreases in ...
08 Aug, 2019, 09.51 AM IST