Reports indicate that U.S. consumer spending is under pressure due to higher fuel and food prices, with families spending more strategically. This trend is influencing the economic sentiment of voters ahead of upcoming midterms.
Analysts Offer Insights on Financial Companies: Bit Digital (BTBT), Mitsubishi UFJ Lease & Finance Company (OtherMIUFF) and Royal Bank Of Canada (RY) The Globe and Mail
Even the most meticulously organized parent — the one with color-coded packing cubes and a shared Notes app checklist — has that moment on vacation: the split-second realization that the one thing…
Richard Pulley, a 78-year-old DoorDash driver, returned to work after his wife was laid off. A customer, Brittany Smith, started a fundraiser for him, which quickly gained traction.
An elderly DoorDash driver, forced out of retirement after his wife lost health insurance, went viral online, leading to the internet raising $500,000 for him.
Despite a recent fourth-quarter earnings miss, Wall Street analysts maintain strong conviction in DoorDash, recommending it as a 'core holding' for internet investors.
DoorDash has announced its decision to cease the operations of Deliveroo and Wolt in four unspecified countries, signaling a strategic shift in its international presence.
Deliveroo will cease its operations in Qatar on March 4 after almost three years of service in the Gulf state. Food delivery giant DoorDash announced Wednesday that it will wind down operations…
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DoorDash is reportedly winding down its Deliveroo and Wolt operations in four countries, indicating a strategic shift in its international market presence.
DoorDash and Grubhub suspended operations in New York City late Sunday ahead of a blizzard.
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DoorDash extended its pause on operations in New York City until 2 pm Eastern
Financial commentator Jim Cramer has offered his insights and opinions on a range of companies including DoorDash, Klarna, NVIDIA, Meta, Amazon, Caterpillar, Sandisk, General Mills, Walmart, and Costco.
Uber is intensifying its competition with rivals like DoorDash-owned Wolt by launching its food delivery service in seven additional European markets, including Norway and Finland. This strategic move aims to strengthen Uber's footprint in the continent's growing food delivery sector.
An analysis examines the implications of the new ALSO partnership for DoorDash (DASH) stock. This partnership is expected to have a specific effect on the company's market performance.
Rivian's electric bike spinoff has achieved a $1 billion valuation and announced a strategic partnership with DoorDash, signaling significant expansion and investment in the micromobility sector.
The Middle East conflict has prompted the Asian Development Bank to mobilize financial support and DoorDash to provide gas relief, while also posing a key risk to the otherwise resilient Asia private equity market and impacting the future of the petrodollar.
DoorDash and Uber are expanding the roles of their gig workers to include tasks such as training AI and photographing store shelves, diversifying the types of data collected by these platforms.
DoorDash has launched a new service called 'Tasks,' which allows its platform users to take on paid gigs that extend beyond traditional food and grocery delivery.
Data reveals significant differences in earnings for gig workers across various platforms like Uber, DoorDash, and Instacart, highlighting which jobs pay the most and least.
DoorDash is reinforcing its growth strategy through continuous reinvestment, leading Bernstein to reaffirm its Outperform rating for the food delivery platform.
DoorDash is set to cease its Deliveroo and Wolt operations in four unspecified markets, indicating a strategic restructuring of its international presence.
DoorDash has announced its withdrawal from four international markets, including Japan, as part of a strategy to concentrate on growth opportunities elsewhere.
The still-simmering reservation wars of the last decade could fully reignite this year, as a shifting tech landscape pits the biggest players against each other.
DoorDash has detailed its strategy for increasing EBITDA margins by 2026, alongside plans for a global tech stack rollout and expansion into new vertical markets.
DoorDash reported worse-than-expected fourth-quarter earnings on Wednesday.
Jeffrey Greenberg/Universal Images Group via Getty Images
DoorDash has a key advantage over Amazon in grocery delivery, CEO Tony Xu said Wednesday.
The delivery service offers a wider variety owing to its myriad partnerships with grocers, Xu said.
Amazon is ramping up its grocery delivery, creating more competition for DoorDash and Instacart.
DoorDash CEO Tony Xu says that his company's grocery offering has a key advantage over Amazon: choice.
Amazon is doubling down on grocery delivery, especially perishables like produce and ice cream. The retail and tech giant said last month that it's expanding same- and next-day grocery delivery to more parts of the US this year, adding to the thousands of towns and cities it already serves — news that sent shares of Instacart and DoorDash tumbling at the time.
DoorDash, though, has something that shoppers want and that Amazon isn't replicating, Xu said on the company's fourth-quarter earnings call on Wednesday.
Unlike Amazon, which owns Whole Foods and several of its own food brands, DoorDash works with existing grocery chains. The delivery service has struck deals in recent years. Last year, it expanded its partnership with Kroger and signed new deals with regional chains, including Schnucks in the Midwest.
Few customers complete all their grocery shopping at a single chain, Xu said. Many stop at multiple stores each week, especially to find specific fresh groceries, such as produce, meat, and seafood.
"Consumers prefer choice," Xu said on the call, adding that he expects there to "continue to be very strong interest in the DoorDash product" as a result.
DoorDash is also expanding its services for retailers, such as fulfillment through its DashMarts, convenience store-sized retail spaces designed for picking and delivering orders.
Xu said DoorDash is "doing that for every single grocer so that they have the capability to compete against companies like Amazon."
DoorDash shares rose as much as 14% in after-market trading on Wednesday, despite disappointing fourth-quarter earnings and guidance for 2026. The company's stock took its biggest one-day hit in November after it unveiled plans to spend hundreds of millions of dollars on tech improvements.
While DoorDash has become known for restaurant deliveries, its gig workers are increasingly making grocery deliveries — many of which make more financial sense for DoorDash.
Xu said DoorDash has attracted more big grocery orders from customers, not just small fill-in trips. That matters in the grocery industry, where grocers tend to make more money when customers buy a wider range of goods.
"People use us for both the quick runs as well as the stock-up use cases," he said.
Ravi Inukonda, DoorDash's CFO, said on the call that DoorDash's retail and grocery business expects to "be unit-economic positive" in the second half of 2026.
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DoorDash shares dropped 8% after reporting lackluster fourth-quarter results, with investors expressing concern over the company's ambitious investment plans in artificial intelligence and autonomous technology.
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The e-commerce market is bracing for a surge in AI shopping assistants, with companies like Amazon, DoorDash, Zalando, and InPost adopting them. While these systems offer new channels for stores, experts are questioning the true cost, particularly regarding data privacy.
The story of a 78-year-old retiree from Tennessee who worked as a DoorDash delivery driver with his wife to pay for medication moved the internet. Richard Pauley...
Emma Miller, a mother, resorted to working for DoorDash after her regular job to cover the $60-a-night cost of a motel room for herself and her toddler, bringing her daughter along to avoid childcare expenses.
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A Wall Street Journal opinion piece discusses the difficulties of organizing social events like dinner parties in the age of convenience services like DoorDash, reflecting on broader societal shifts.
Gig workers are quitting apps like Uber, saying that pay and working conditions have gotten worse.
Stacey Wescott/Chicago Tribune/Tribune News Service via Getty Images
Some gig workers are calling it quits on ride-hailing and delivery apps.
They're looking for full-time jobs or other work.
Factors from falling earnings to the rise of self-driving cars are leading gig workers to quit.
Some gig workers say they're trying to log off apps like Uber and DoorDash for good.
The apps have long prom...