Hints and tips:
...A separate partnership has seen Gopuff list BevMo, the alcohol retailer it acquired in 2020, on its rival DoorDash’s app, with orders fulfilled by DoorDash drivers....
...Advertising on TikTok in the US grew by 11 per cent in March, with companies including Pepsi, DoorDash, Amazon and Apple among the top spenders, according to data from app analytics group Sensor Tower....
...DoorDash hopes to establish its own warehousing partnerships for some of its 750 retail partners in North America....
...So does the decision by Walmart and DoorDash not to bother replying to the UN’s request for information around their workers’ human rights (*see update below on DoorDash’s position)....
...fees and gain access to customer data fiercely protected by food delivery apps — pits it against Uber, from which Kalanick was ousted as chief executive in 2017 following a string of scandals, as well as DoorDash...
...Steep losses and fundamental doubts about the business model have dogged Uber since, as it has spent billions of dollars fighting ride-hailing rivals such as Lyft, food delivery competitors such as DoorDash...
...capital return announcement coincided with a wave of planned strikes by delivery workers in North America and the UK on Wednesday, as couriers for services including Uber, Just Eat Takeaway, Deliveroo and DoorDash...
...The question was also raised this week by a Valentine’s Day strike by riders and drivers for food delivery and ride-hailing services in the UK and US, including DoorDash, Uber Eats and Deliveroo....
...Nolan Church, former head of talent at tech company DoorDash, and now chief executive of pay data platform Faircomp, says lay-off videos have become “an accountability mechanism to ensure people are being...
...Achieving profitability is no mean feat considering the number of “on-demand” peers that have gone public while lossmaking, including Uber, Lyft and DoorDash....
...Those included delivery app DoorDash, whose 2020 $3.4bn IPO was NYSE’s second-largest that year. DoorDash did not give a reason beyond looking forward to joining a community of tech companies....
...There was a stonking rally in small and lower-quality tech names: Roku, Shopify, Affirm, Palantir, DoorDash and Carvana all rose more than 15 per cent, helped by solid earnings reports....
...Alex Frederick, an analyst at PitchBook, said Instacart’s initial valuation “seems low if you compared it to a software company, but is in line if you compared it to other food delivery companies” such as DoorDash...
...Meanwhile, competition with delivery company DoorDash weighed on growth in the delivery business, leading Uber to fall short of Wall Street forecasts with revenue growth of 14 per cent in the latest quarter...
...Now that Instacart is a public company, Wall Street will be scrutinising whether Simo can fend off competition from rivals such as DoorDash and Uber Eats while keeping the grocery delivery service profitable...
...Food delivery app DoorDash is preparing to launch in Germany, in what will be the US market leader’s first foray into the crowded field of European delivery apps....
...DoorDash recovered some ground to close 6 per cent lower....
Uber, Lyft and Doordash earnings show gig economy profitable for apps
...Andrew Lipsman, from advertising research group Insider Intelligence, said Uber lagged DoorDash and Instacart when it came to revenue generated by search ads....
...Listed food delivery company DoorDash trades at just 3.2 times trailing revenue. Uber trades on 2.7 times. Instacart’s reported revenue last year was $1.8bn....
...DoorDash, the US food delivery platform founded by 37-year-old chief executive, Tony Xu, and friends Andy Fang and Stanley Tang, is down 60 per cent....
...latest 13F regulatory filing revealed that in the second quarter of the year it had ditched Robinhood, Zoom and DocuSign entirely and hacked back positions in the likes of Coinbase, Carvana, Snowflake, and DoorDash...
...The Economist senses a theme: Over the past year, the firms that epitomise these [new tech] business models — Uber and DoorDash; Netflix and Spotify; and Snap and Meta (which has tumbled spectacularly out...
...Sixty couriers will now work full-time for DoorDash’s pilot launch in New York, with set pay and benefits....
...DoorDash delivers good news to Wall StreetThe food delivery company reported stronger than expected revenue in the final quarter of 2021....
International Edition