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DoorDash, Grubhub face city-wide ban that could shake up food delivery services - is yours impacted?Boston is considering a city-wide ban on mopeds and e-bikes, commonly used by food delivery drivers. This potential ban, aimed at improving...
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 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...
DoorDash forecasts strong quarter on resilient delivery demandDoorDash beat second-quarter estimates for revenue, gross merchandise value (GMV), and profit, forecasting Q3 GMV of up to $24.7 billion, a...
DoorDash beats Q2 earnings expectations with record orders, stocks jump on strong consumer demandDASH Stock today: DoorDash anticipates a surge in third-quarter orders, exceeding Wall Street's projections, signaling the enduring appeal ...
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...
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 ...
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...
DoorDash posts better-than-expected Q1 sales but shares fall on cost concernsDoorDash said its net loss narrowed to $23 million in the first quarter, compared to a loss of $161 million in the same period a year ago. ...
DoorDash's rising labour costs weigh on Q1 profit outlook, shares fallThe delivery firm, which also reported a wider-than-expected loss for the fourth quarter ended December 31, has increased minimum pay for i...
Uber, Lyft, DoorDash drivers in the US to strike on Valentine's Day for fair payThe strike call is the first since Uber and Lyft went public in 2019. Drivers will picket outside airports and Uber offices, two of the gro...
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...
DoorDash orders surge 24% in the third quarter, losses narrowed to $73 millionThe San Francisco delivery company said Wednesday its total orders grew 24% to 543 million in the July-September period compared to the sam...
DoorDash stock jumps 27% on earnings, post-pandemic outlookWith 25 million monthly active users, DoorDash recorded $42 billion in orders last year and expects a range of between $48-50 billion for 2...
Uber, Lyft have a California playbook to fight proposed U.S. rules on workersThe looming fight over the status of gig-economy workers comes amid a wider debate over business regulation.
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...
Blockbuster IPO market still calls for cautious approachIPOs slowed sharply in the spring due to the pandemic, but they surged in the summer as the market recovered from a steep slump and rallied...