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Doordash shares jump after strong quarterly forecast on food, grocery delivery demandDoordash shares saw a significant jump on Thursday. Strong demand for food and grocery deliveries is boosting the company's outlook. Doorda...- Robots, drones could slash global food delivery costs to $1 per order, Barclays saysAutonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions...
- 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...
- National French Fry Day: This simple tip will help you make restaurant-style perfect fries at homeNational French Fry Day is coming up with exciting offers. Several restaurants like Arby’s, Burger King, Carl’s Jr, Fatburger, Hardee’s, Ja...
- Life in India vs the US: IITian couple shares 10 major differenceAn IITian couple recently moved back to India after living in the United States for several years and shared their observations on the diff...
- Doordash held talks with UK's Deliveroo on takeoverDoordash showed interest in acquiring Deliveroo, but talks ceased over valuation. Deliveroo's shares closed at 127.5 pence, valuing the com...
- 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...
- Instacart sees upbeat core profit on higher transaction, ad feesIt expects current-quarter adjusted EBITDA, a key measure of profitability, to be between $165 million and $175 million. Analysts expect $1...
- Instacart goes from the supermarket to the stock market, raising $660 million with its IPOThe San Francisco-based grocery delivery company raised $660 million in its initial public offering of stock, selling 22 million shares at ...
- 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...
- $388 in Sushi and a $20 tip: the brutal math of UberEatsFood delivery soared in popularity during the height of the pandemic, when delivery drivers were called heroes who risked getting sick so o...
- Instacart slashes its valuation by almost 40% to $24 billionInstacart aims to boost recruiting and retention efforts by aligning new equity awards for new hires and existing employees with the update...
- 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...
- 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 ...
- 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...
- Zomato set to close $500 million pre-IPO funding roundWith the fresh capital, Zomato is expected to have a valuation of $5.5 billion and $1 billion in cash as it inches closer to an initial pub...
- Airbnb and DoorDash broke the IPO market; here’s 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...
- 4 sectors to invest in as the economy recoversGet banks, industrials, cement and chemical stocks in your portfolio in that order.
- Next-gen AI systems won’t need huge amount of data: Vinod KhoslaSilicon Valley veteran talks about India’s startup scene, tech regulation, and AI opportunities.
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