DASH Stock Recent News

DoorDash Inc.'s third-quarter forecast for a key demand metric on Thursday came in above Wall Street's expectations, but the delivery app lost more than expected during the second quarter, as it invests in expanding what — and where — it delivers.

DoorDash forecast third-quarter core profit above expectations and surpassed revenue estimates for the June quarter on Thursday, as more customers used its online delivery platform to order food and grocery items, sending its shares up about 15% in extended trading.

The two organizations team up to provide local Meals on Wheels programs with a cost-effective, convenient delivery alternative to ensure homebound older adults always receive the nutritious meals they need  ARLINGTON, Va. , July 30, 2024 /PRNewswire/ -- Meals on Wheels America, the national leadership organization supporting community-based programs dedicated to addressing senior hunger and isolation, today announces its multi-faceted national partnership with DoorDash, the local commerce platform, designed to support the delivery efforts of the Meals on Wheels network.

DoorDash has reportedly hired an ex-Amazon executive to help its continued expansion beyond restaurant deliveries. Parisa Sadrzadeh, who has also worked as Flexport's vice president for small and midsize business and omnichannel fulfillment, will be DoorDash's new vice president of strategy and operations, The Information reported Friday (July 26), citing a company spokesperson.

Between the service fee, delivery fee and tip added up at checkout, the price of a meal on third-party delivery apps can be far higher than many consumers expect. Frustrations from both sides of the table have hit names like DoorDash, Grubhub and Uber Eats, which have introduced reduced-fee options for premium service users.

The California Supreme Court ruled Thursday that Proposition 22 – the ballot measure that passed in November 2020 and classified app-based gig workers as independent contractors rather than employees – is here to stay.

DoorDash (DASH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

DoorDash's Chief Marketing Officer Kofi Amoo-Gottfried joins Yahoo Finance's Brian Sozzi and Rachelle Akuffo for The 2024 Cannes Lions International Festival of Creativity to discuss what gives DoorDash (DASH) a competitive edge, the logic behind its marketing strategies, and more.

Deliveroo PLC (LSE:ROO) shares lifted 3.5% this morning after it was revealed US delivery company DoorDash Inc (NYSE:DASH) was interested in a takeover.  Last month, Doordash approached Deliveroo, however, the discussions ended after both parties failed to come to an agreement over the valuation, reports from Reuters said.

A potential combination of meal delivery companies Doordash and Deliveroo was reportedly discussed but rejected in May. Doordash approached Deliveroo about acquiring that company at that time, but talks between the two firms ended when they couldn't agree on a valuation, Reuters reported Tuesday (June 25).