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DOORDASH DELIVERY EXPANSION
Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...- Can DoorDash's Kroger partnership finally solve grocery delivery for SNAP recipients?DoorDash now delivers groceries from almost 2,700 Kroger stores using SNAP benefits. This partnership brings affordable grocery delivery to...
- Uber misses on profit outlook, names new CFO for robotaxi futureThe executive, Balaji Krishnamurthy, has been with Uber for more than six years and is currently vice president of strategic finance and in...
- Wealth Quote of the Day by Stanley Tang, “Success comes down to hard work plus passion, over time.” Why the DoorDash co-founder believes relentless effort and long-term focus turn challenges into lasting wealthWealth Quote of the Day by Stanley Tang, “Success comes down to hard work plus passion, over time.” Stanley Tang, DoorDash cofounder and bi...
- Doordash stock plunges over 15% after company unveils big spending plansDoordash plans to spend big on new technology, autonomous delivery, and global growth. The company bought Deliveroo and SevenRooms this yea...
- Newsom signs bill giving 800,000 Uber and Lyft drivers in California the right to unioniseSupporters said the new law will open a path for the largest expansion of private sector collective bargaining rights in the state's histor...
- DoorDash finalises its $3.9 billion acquisition of UK's DeliverooDoorDash completed its acquisition of Deliveroo. The deal cost four billion dollars. This expands DoorDash operations into Europe, Asia, an...
- DoorDash COO sells $8M shares as company launches new robot and partnershipsDoorDash COO Prabir Adarkar sold shares worth $8 million while the stock stayed near its high. The company launched its first delivery robo...
- DoorDash is expanding into restaurant reservations and robot deliveriesDoorDash's robots will bring new challenges to the company as it takes on the responsibility for storing and maintaining the devices. But D...
- Amazon expands same-day grocery delivery to perishable foods to compete with Instacart, WalmartAmazon announced in June that it is investing $4 billion to bring same-day and next-day delivery services to more than 4,000 rural US commu...
- JPMorgan expands tech team with four veteran bankers from BofA, Goldman, LazardJPMorgan is strengthening its technology investment banking team with key hires from Goldman Sachs, Bank of America, and Lazard. The expans...
- DoorDash to acquire UK's Deliveroo in $3.9 billion dealDoorDash said on Tuesday it will acquire British meal delivery company Deliveroo for 2.9 billion pounds ($3.85 billion), as the US online d...
- DoorDash tops quarterly revenue estimates on strong online orders during holidaysDoorDash posted a profit of $141 million compared with a loss of $154 million a year ago. The company said it would buy back shares worth u...
- The pain after the gain: grocery deliverers reshuffle after lockdown boomAs the COVID-19 pandemic kept consumers behind closed doors, investors poured billions into "quick commerce" grocery firms that pledged to ...
- ETSA 2021: Saturday to Bring out the Star in ‘Star’tupsMinisters Piyush Goyal and Ashwini Vaishnaw, top entrepreneurs among invitees
- 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.
- SoftBank-backed DoorDash enters JapanLast month, DoorDash raised its forecast for annual gross order value, as stimulus checks helped keep food delivery demand resilient in the...
- Logistics SaaS startup FarEye raises $100 million from TCV, othersFarEye’s existing investors Eight Roads Ventures, Fundamentum and Honeywell also participated in the round
- View: Gig workers are employees. Start treating them that wayIn the wake of a California ballot proposition passed in November and a rule just released by the Trump administration, it appears that the...
- Robotic cook developer, Nymble, raises funding from 021 Capital & WaterBridge VenturesJulia is a domestic cooking robot, it utilises AI and machine learning capabilities to learn about user taste & preference and is capable o...
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