SafeChat+, a new DoorDash feature that leverages the power of artificial intelligence to help make our platform even safer and provide a better experience for everyone.SafeChat+, a new DoorDash feature that leverages the power of artificial intelligence to help make our platform even safer and provide a better experience for everyone.SAN FRANCISCO--(BUSINESS WIRE)--We want each person who uses the DoorDash platform to have a safe and positive experience every time. The vast majority of Dashers, customers, a ...

TORONTO--(BUSINESS WIRE)--Today, DoorDash Canada announced the launch of Made by Women, a new platform dedicated to championing women chefs and restaurateurs, amplifying their voices and contributions. The Made by Women program will offer access to marketing, educational and financial resources women-owned restaurants need to succeed, grow, and make an impact. To kick off the program, DoorDash is launching the Made by Women Grant program, in partnership with Monday Girl, which will provide fifteen $10,000 g ...

In late 2022, Facebook parent company Meta Platforms was forced to rein in its excessive spending following a 76% peak-to-trough plunge in its stock price. CEO Mark Zuckerberg vowed to make 2023 a "year of efficiency" and subsequently slashed over 21,000 jobs, cut costs across the board, and prioritized profitability.It worked, and Meta stock has soared 533% from that low point to trade at an all-time high.Food delivery giant DoorDash (DASH 3.18%) was in a similar situation in 2022. The company is still los ...

DoorDash allegedly admitted it charged a New York City restaurant nearly $14,000 in bogus delivery fees — but only offered to repay the burger joint half the amount in a settlement, according to a lawsuit.Harlem Shake — a 12-year-old eatery at 100 W. 124th St. whose customers have included NBA legend Shaquille O’Neal and rapper Jim Jones — has paid $13,932 in phony commissions since November 2019, according to the complaint filed this month in federal court in the Northern District of California.When the ea ...

SAN FRANCISCO--(BUSINESS WIRE)--DoorDash (NASDAQ: DASH), the local commerce platform, today announced a new partnership with Pet Supplies Plus, the largest and most trusted pet retail franchise, to offer on-demand delivery of pet essentials from 720 locations. Whether it’s restocking food for their furry, feathery, or scaly friends, or indulging their pet with a new treat, pet parents can now enjoy the convenience of same-day delivery on DoorDash. “ Innovation continues to be a top priority for our brand a ...

All stocks require research before buying. But sometimes after research, I conclude that a company isn't ever worth an investment -- no need to circle back in the future. Some businesses simply burn cash, will burn more cash with scale, and continually dilute investors to pay the bills. I believed Uber Technologies (UBER 0.22%) was going to be one of those companies after I researched it in 2019.I was wrong. In 2023, Uber generated nearly $3.4 billion in free cash flow. And that wasn't the result of a fancy ...

DoorDash (NASDAQ:DASH) stock is a hot topic on Thursday after Morgan Stanley updated its coverage of the food-delivery company’s shares.Morgan Stanley analyst Brian Nowak upgraded shares of DASH stock from an “equal weight” rating to an “overweight” rating today. That’s bullish next to the analysts’ consensus rating of hold based on 22 opinions.In addition to that upgrade, the Morgan Stanley analyst also increased his price target for DASH stock from $135 per share to $145 per share. That represents a poten ...

Subscribers to our monthly Option Advisor service doubled their investments with our DoorDash Inc (NASDAQ:DASH) April 100 call recommendation, made on Jan. 26. At the time, the food delivery name had cleared its $102 initial public offering (IPO) price, following a run up to it in mid-December, and a positive earnings surprise in November. Plus, Uber (UBER) was set to report results before DoorDash, which we noted could provide a potential halo lift that indeed happened, with DASH adding 1.8% on Feb. 7. Fur ...

New data from DoorDash shows a stark decline in delivery orders placed in Seattle after the city council's minimum payment law for app-based workers took effect last month. The Seattle City Council's ordinance requires that app companies that employ "gig workers" as independent contractors must pay the greater of a minimum per-minute amount of $0.44 and a minimum per-mile amount of $0.74, or a minimum per-offer amount of $5. In response to the law, DoorDash attached a flat service fee of $5 per order to bri ...

Bloomberg/Bloomberg via Getty ImagesEven though the stock market remains quite expensive with an S&P 500 that keeps hovering around 5,000, I'm still on the lookout for high-quality growth business - especially when they stumble during earnings season. DoorDash (NASDAQ:DASH), the food delivery service that rivals Uber Eats (UBER), recently fell 8% after delivering solid Q4 results and offering up a robust guidance outlook for 2024. Granted, the stock is reeling after a dizzying rally this year, and it's ...