DoorDash reports more orders than expected in third quarter, but warns of higher expenses ahead
Read full article: DoorDash reports more orders than expected in third quarter, but warns of higher expenses aheadDoorDash reported higher-than-expected orders and revenue in the third quarter but warned investors that it will be spending significantly more on product development next year.
DoorDash delivery driver pleads guilty to stealing $2.5 million in deliveries scam
Read full article: DoorDash delivery driver pleads guilty to stealing $2.5 million in deliveries scamA former food delivery driver has pleaded guilty to conspiring with others to steal more than $2.5 million from DoorDash by getting the company to pay for deliveries that never occurred.
DoorDash rings up record first-quarter revenue and expands delivery reach through acquisitions
Read full article: DoorDash rings up record first-quarter revenue and expands delivery reach through acquisitionsDoorDash is reporting record quarterly revenue even as more Americans feel increasingly uneasy about the U.S. economy.
Food delivery service Deliveroo surges following $3.6B proposed takeover offer from DoorDash
Read full article: Food delivery service Deliveroo surges following $3.6B proposed takeover offer from DoorDashShares of Deliveroo, the food delivery service based in London, are hitting three-year highs on Monday after it received a $3.6 billion proposed takeover offer from DoorDash.
DoorDash to pay NY delivery workers $17 million for using their tips to cover wages
Read full article: DoorDash to pay NY delivery workers $17 million for using their tips to cover wagesThe ubiquitous food delivery app DoorDash will pay almost $17 million to settle claims that it unfairly used customer tips to subsidize the wages of its delivery workers in New York, rather than let drivers keep the tips on top of their guaranteed pay.
DoorDash sees record orders and revenue in second quarter even as US restaurant traffic slows
Read full article: DoorDash sees record orders and revenue in second quarter even as US restaurant traffic slowsDoorDash set quarterly records for total orders and revenue despite slowing U.S. restaurant traffic.
Under pressure from cities, DoorDash steps up efforts to ensure its drivers don't break traffic laws
Read full article: Under pressure from cities, DoorDash steps up efforts to ensure its drivers don't break traffic lawsDoorDash says itโs stepping up efforts to identify dangerous delivery drivers and remove them from its platform after a flood of complaints from cities.
DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns
Read full article: DoorDash posts better-than-expected Q1 sales but shares fall on cost concernsDoorDash reported higher-than-expected revenue in the first quarter as strong growth in U.S. grocery orders helped make up for slowing restaurant demand.
DoorDash orders and revenue beat Wall Street expectations despite disappointing net losses
Read full article: DoorDash orders and revenue beat Wall Street expectations despite disappointing net lossesDoorDash's revenues and orders exceeded expectations for the fourth quarter, although its net losses failed to shrink as quickly as Wall Street had hoped.
DoorDash orders surge 24% in the third quarter, helping to narrow the delivery app's losses
Read full article: DoorDash orders surge 24% in the third quarter, helping to narrow the delivery app's lossesDoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently.
DoorDash hits new record for orders, revenue in second quarter
Read full article: DoorDash hits new record for orders, revenue in second quarterDoorDash set new records for total orders and revenue in the second quarter as its grocery and convenience deliveries accelerated and it improved driver efficiency.
DoorDash cuts 1,250 jobs after pandemic hiring surge
Read full article: DoorDash cuts 1,250 jobs after pandemic hiring surgeDelivery company DoorDash is eliminating more than 1,200 corporate jobs, about 6% of its total workforce, saying it hired too many people when demand for its services increased during the COVID-19 pandemic.
DoorDash sees record orders in Q2 as it combines with Wolt
Read full article: DoorDash sees record orders in Q2 as it combines with WoltDoorDash has reported that it received a record number of customer orders in the second quarter, boosted by resilient demand and its acquisition of Finnish delivery service Wolt Enterprises.
DoorDash adds security measures, cracks down on alcohol deliveries to underage customers
Read full article: DoorDash adds security measures, cracks down on alcohol deliveries to underage customersOn Wednesday, DoorDash announced that they will be releasing more safety features for alcohol deliveries in the United States.
Latest apps promise fast service but can they deliver?
Read full article: Latest apps promise fast service but can they deliver?Venture capitalists have poured billions into the latest pandemic delivery craze: companies that promise to get you a bottle of Tylenol, an iced coffee, hummus, a cucumber and a roll of paper towels.
DoorDash's technological know-how offers help to food banks
Read full article: DoorDash's technological know-how offers help to food banksBy offering its existing delivery platform technology to food banks for free, DoorDash, like a growing number of companies, is providing something that many nonprofits say is even more valuable than cash โ knowhow.
Social Media Hacking: The posts putting you at risk and how to protect yourself
Read full article: Social Media Hacking: The posts putting you at risk and how to protect yourselfJordan Nallen is just like any other mom. She has a 2-year-old daughter and posts photos on social media to share with friends and family.
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DoorDash, Grubhub, Uber Eats sue NYC over pandemic fee caps
Read full article: DoorDash, Grubhub, Uber Eats sue NYC over pandemic fee capsThree of the nationโs largest food delivery companies are suing New York City over a limit on fees it put in place during the pandemic to protect restaurants devastated by the forced closure of their dining rooms.
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DoorDash offers lower-priced delivery plans amid criticism
Read full article: DoorDash offers lower-priced delivery plans amid criticismDoorDash is launching lower-priced delivery options for U.S. restaurants, responding to criticism that the commissions it charges are too high for the beleaguered industry.
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DoorDash offering grants to Virginia restaurant owners for COVID-19 relief
Read full article: DoorDash offering grants to Virginia restaurant owners for COVID-19 reliefCAMPBELL COUNTY, Va. โ Time is running out for some Virginia restaurant owners to apply for COVID-19 relief through DoorDash. The companyโs offering 125 grants statewide, in the amount of $3,500 each. Nina Rezai, economic development manager for Campbell County, is one of many leaders in our area encouraging restaurant owners to sign up. โ[The grants are] for businesses that have fewer than 50 employees and do less than $3 million in gross annual revenue. She adds if youโre not eligible, Campbell County still has $800,000 in CARES reimbursement funding to assist all small businesses.
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DoorDash's sales triple in Q4, but 2021 could see slowdown
Read full article: DoorDash's sales triple in Q4, but 2021 could see slowdownMeal delivery company DoorDash said its revenue more than tripled last year thanks to pandemic-driven demand, but it still lost money because it spent more heavily on marketing and expanding its business. DoorDash reported a net loss of $312 million for the quarter that ended Dec. 31, 2020. (AP Photo, File)Meal delivery company DoorDash said its revenue more than tripled last year thanks to pandemic-driven demand, but it still lost money because it spent more heavily on marketing and expanding its business. For the full year, DoorDash reported a net loss of $461 million. That was an improvement from 2019, but DoorDash __ which was founded in 2013 __ has never made a full-year profit.
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Amazon, Cadillac score with Super Bowl ads
Read full article: Amazon, Cadillac score with Super Bowl adsNEW YORK โ During this year's Super Bowl, the Tampa Bay Buccaneers reigned supreme on the field. Overall, this year's crop of Super Bowl ads focused on light humor that strove to entertain and connect. Bud Light Seltzer LemonadeBud Light used lemons as a metaphor for everything that went wrong in 2020 to introduce its new Seltzer Lemonade. Michelob was likely hoping to drive people to repeat views online with the celebrity lookalikes, but during the fast-moving Super Bowl the conceit was confusing. With its first-ever Super Bowl ad, Scott's was looking to keep that momentum going, but the overstuffed ad ended up being distracting.
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The Latest: Robinhood's ad emerges from the time capsule
Read full article: The Latest: Robinhood's ad emerges from the time capsuleThe latest news on Super Bowl commercials. ___10 p.m.Smartphone-based stock market investment service Robinhood bought its Super Bowl spot in December after a successful year, unaware that it was about to make global headlines. Ad___9:45 p.m.Jeep starred iconic singer Bruce Springsteen in his first ever ad promoting the idea of unity. Most brands that have money to spend on Super Bowl ads are already household names, but the big game is also a chance for upstarts to make a big splash. ___7:15 p.m.General Motors used humor in a Super Bowl ad to promote its ambitious push to get more Americans to buy electric vehicles.
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Blockbuster IPO market still calls for cautious approach
Read full article: Blockbuster IPO market still calls for cautious approachDoorDash shares surged nearly 86% above their offering price of $102 in their market debut Wednesday. โThis year had a lot of large IPOs,โ said Matthew Kennedy, senior IPO market strategist at Renaissance Capital. Some 18 company IPOs have brought in over a billion dollars, including DoorDash. Still, individual investors may want to consider waiting a few days after a company has its IPO, if not longer. Uber, which raised $8.1 billion in its market debut last year, has yet to get out of the red.
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Blockbuster IPO market still calls for cautious approach
Read full article: Blockbuster IPO market still calls for cautious approachDoorDash shares surged nearly 86% above their offering price of $102 in their market debut Wednesday. Airbnbโs own market debut on Thursday could end up blowing past that. โThis year had a lot of large IPOs,โ said Matthew Kennedy, senior IPO market strategist at Renaissance Capital. Airbnb put off a market debut in the spring when the pandemic crippled global travel. Uber, which raised $8.1 billion in its market debut last year, has yet to get out of the red.
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DoorDash delivers 86% gain in stock market debut
Read full article: DoorDash delivers 86% gain in stock market debutDoorDash shares soared in its initial public offering Wednesday, capping a year of explosive growth for the food delivery company. Powering that service are 1 million delivery drivers, who are independent and not considered DoorDash employees. But lockdown orders and the closure of indoor dining have made DoorDash indispensable for many restaurants and diners this year. DoorDash now controls 50% of the U.S. food delivery market. Skeptics thought the economics of food delivery would fall apart in less dense areas, because there was lower demand.
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DoorDash sets share price at $102 ahead of Wednesday IPO
Read full article: DoorDash sets share price at $102 ahead of Wednesday IPODoorDash has priced its shares at $102 apiece heading into its stock market debut Wednesday, valuing the 7-year-old food delivery company at nearly $39 billion. The price was higher than the company's most recent target price of $90 to $95 a share, reflecting investor enthusiasm for the initial public offering. DoorDash reported revenue of $1.9 billion in the first nine months of 2020 alone. It now controls 50% of the U.S. food delivery market. In federal filings, DoorDash warned that its sales growth may not continue at the same pace once the pandemic subsides.
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Roanoke restaurants launch free delivery services to stay alive
Read full article: Roanoke restaurants launch free delivery services to stay aliveLeonore also launched a free food delivery service to help out employees who were laid off. Restaurants like this one usually rely on third-party food delivery services during COVID-19, but with a 30% commission fee, the price tag makes it hard to make a profit that is already slim. Cabo Fish Tacoโs Regional Manager Richard Barrar said the restaurant launched its own delivery service, as well. Typically, those restaurants rely on third-party food delivery services, like Grubhub, Uber Eats or DoorDash. Eric Terry, the president of the Virginia Restaurant, Lodging & Travel Association said itโs about time Virginia does the same.

DoorDash driver fatally shot while making delivery in NJ
Read full article: DoorDash driver fatally shot while making delivery in NJA DoorDash driver was shot and killed while making a delivery in New Jersey Friday night, authorities said. (WPIX)PATERSON, New Jersey (WPIX) - DoorDash driver was shot and killed while making a delivery in New Jersey Friday night, authorities said. Police responded to calls of shots fired in the intersection of Harrison Street and Rosa Parks Boulevard in Paterson just before 10:30 p.m. Petra Rhoden, 43, was found in the driver's seat of the vehicle with an apparent gunshot wound, cops said. According to authorities, Rhoden was making a DoorDash food delivery along Harrison Street when she was shot.

Doordash suffered a data breach that affected 4.9 million people
Read full article: Doordash suffered a data breach that affected 4.9 million peopleCNN Video(CNN) - DoorDash confirmed it suffered a data breach affecting roughly 4.9 million delivery people and merchants. In a blog post on Thursday, DoorDash said it noticed unusual activity from a third-party service provider earlier in September. After investigating the activity, it found an unauthorized third party was able to access DoorDash user data on May 4, 2019. The people affected joined DoorDash on or before April 5, 2018 people who joined after that date weren't affected, according to the blog post. DoorDash encouraged people to change their passwords, even if they weren't affected but were still concerned about the safety of their accounts.

McDonald's partners with DoorDash to offer McDelivery in Roanoke, Lynchburg
Read full article: McDonald's partners with DoorDash to offer McDelivery in Roanoke, LynchburgROANOKE, Va. - If you love McDonald's fries, you're in for a treat. The fast-food chain is partnering with DoorDash to expand its McDelivery service to Roanoke and Lynchburg. Starting now, if you live in Roanoke or Lynchburg, you can order McDonald's through the DoorDash app or website. McDonald's says this is a part of its effort to offer new levels of convenience. Until September 9, new DoorDash customers can use the code "DASHMCD" for $5 off their first McDonald's order of $15 or more.

Man says DoorDash delivery driver ate half his food
Read full article: Man says DoorDash delivery driver ate half his foodChris Payton of York County says he ordered food from Dickey's Barbecue in West Manchester Township using DoorDash -- a food delivery app that sends its own drivers to pick up orders from restaurants, delivering it right to your door. After the driver dropped off his food, he says he opened up the box and discovered half of it had been eaten. Payton says he believes the DoorDash delivery driver is to blame. "It's somebody's food you pay for that you expect to get it, you pay for a service," he added. Payton says even though DoorDash refunded him his money, he hopes the driver is reprimanded for their actions.

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