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...
02 Oct, 2025, 07.49 PM IST
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...
02 Oct, 2025, 02.49 AM IST
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. ...
02 May, 2024, 09.04 AM IST
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...
16 Feb, 2024, 08.33 AM IST
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...
13 Feb, 2024, 12.42 AM IST
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...
02 Nov, 2023, 08.43 AM IST
DoorDash lifts core profit target for second time on higher ordersDoorDash said it expects gross order value - total value of all app orders and subscription fees - to be between $64.2 billion and $65.2 bi...
03 Aug, 2023, 02.30 PM IST
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...
17 Feb, 2022, 09.37 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
Exclusive: Zomato on course for $1 billion IPO without investor exitsThe Zomato IPO—slated for later this year—is expected to raise $750 million to $1 billion through a 100% primary offering, keeping in mind ...
03 Mar, 2021, 07.37 AM IST
Zomato closes $250 million funding round at $5.4 billion valuationZomato has benefited from a revival in the online food ordering sector after a few tough months last year due to the nationwide lockdown, i...
23 Feb, 2021, 07.54 PM IST
Airbnb and DoorDash broke the IPO market; hereâs a fixDoorDash and Airbnb soared in their trading day debuts, rallying 86 per cent and 113 per cent, respectively, from the IPO prices at which t...
15 Dec, 2020, 02.14 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
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...
10 Dec, 2020, 01.40 PM IST
Here's why so many tech startups misbehaveThere may be any number of reasons these companies might engage in such shoddy behavior, but the most obvious one seems to be that their bu...
12 Feb, 2020, 10.54 AM IST