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‘Looking for trouble:’ Men on horseback allegedly shoot at DoorDash driver in Fort Bend County
Read full article: ‘Looking for trouble:’ Men on horseback allegedly shoot at DoorDash driver in Fort Bend CountyA Houston-area DoorDash driver claims he was shot at after he tried to drive around a group of men riding horses.
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 it’s 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.
Video appearing to show DoorDash driver cursing at customer over 25% tip sparks online debate
Read full article: Video appearing to show DoorDash driver cursing at customer over 25% tip sparks online debateA spokesperson for DoorDash said a delivery driver had been removed from the platform in connection with the incident.
DoorDash accused of charging iPhone users more than Android users in class-action lawsuit
Read full article: DoorDash accused of charging iPhone users more than Android users in class-action lawsuitA class-action lawsuit has been filed against DoorDash that alleges the company charges iPhone users more than Android device holders.
United Airlines passenger accused of getting drunk, scratching police officer inside bar at Bush Airport
Read full article: United Airlines passenger accused of getting drunk, scratching police officer inside bar at Bush AirportA United Airlines flight passenger was arrested and charged with a felony after being accused of assaulting a police officer during a drunken rage at the George Bush Intercontinental Airport, according to court records.
Woman claims she’s with DoorDash while group of suspects attempt to break into Montgomery County home
Read full article: Woman claims she’s with DoorDash while group of suspects attempt to break into Montgomery County homeThe Montgomery County Sheriff’s Office said Thursday that it is looking for a group of suspects who tried to break into a home in Spring, including a woman who pretended to be a food delivery driver.
DoorDash cuts 1,250 jobs as deliveries ebb after pandemic
Read full article: DoorDash cuts 1,250 jobs as deliveries ebb after pandemicDelivery 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.
Party is over: DoorDash launches new feature to crack down on underage alcohol orders
Read full article: Party is over: DoorDash launches new feature to crack down on underage alcohol ordersDoorDash announced the launch of its new industry-leading safety features for alcohol delivery to crack down on underage alcohol orders.
DoorDash driver says he was scammed out of $200 by fake company call pretending to help
Read full article: DoorDash driver says he was scammed out of $200 by fake company call pretending to helpThe DoorDash driver said the caller knew specific details about his order so he complied, but seconds later, his account was wiped out.
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.
Stronger Houston: Local church partners with United Way, Doordash to help feed those in need
Read full article: Stronger Houston: Local church partners with United Way, Doordash to help feed those in needEvery Monday at Brentwood Baptist Church on Landmark Street, a dozen or more volunteers flock to the parking lot.
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 – knowhow.
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 nation’s 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.
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.
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.
Amazon, Cadillac score with Super Bowl ads
Read full article: Amazon, Cadillac score with Super Bowl adsNEW YORK – 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.
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.
Benched: Major advertisers sit out Super Bowl
Read full article: Benched: Major advertisers sit out Super BowlBudweiser and other Super Bowl regulars aren't buying ads this year, but plenty of companies on the rise during the pandemic are taking their place. The cost of a ticket to the Super Bowl for advertisers: $5.8 million for a 30-second commercial. They’ll feature plenty of stars, but like most everything in the last year, the Super Sunday spots won’t be the same. Coke, Pepsi and Budweiser, normally big Super Sunday players, are sitting on the bench this year. “These are brands that are online market spaces who have been helping connect people during quarantine,” notes Stephanie Paterik, senior editor of Adweek.
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. “This year had a lot of large IPOs,” 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.
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. Airbnb’s own market debut on Thursday could end up blowing past that. “This year had a lot of large IPOs,” 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.
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.
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.