DoorDash(DASH)

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Can DoorDash Keep Dishing Up What Investors Crave?
Investors Business Daily· 2024-01-17 17:35
DoorDash (DASH) shares doubled during 2023, which went a long way to putting the pandemic darling on the comeback trail. The good news for DASH stock now is that Americans appear hooked on ordering burgers from the comfort of their couch — and they've discovered the company offers more than just takeout.X San Francisco-based DoorDash holds a wide lead as the largest food-delivery company in the U.S. by market share. Sales surged at the start of the pandemic, and DoorDash has proved its staying power since t ...
DoorDash, Uber Eats hike fees in blue state city over delivery app minimum pay law
Fox Business· 2024-01-15 23:18
Seattle residents face higher delivery bills from services like DoorDash, Instacart and Uber Eats after a new law took effect that requires minimum payments to app-based workers who drive for those platforms. The Seattle City Council’s App-Based Worker Minimum Payment Ordinance took effect on Saturday and requires a minimum payment for workers based on the time worked and miles traveled for each offer. Companies must pay the greater of a minimum per-minute amount of $0.44 and a minimum per-mile amount of $0 ...
DoorDash (DASH) Marketplace Expansion Boosts Growth Prospects
Zacks Investment Research· 2024-01-15 17:47
DoorDash (DASH) shares have returned 22% in the past six months compared with the Zacks Computer & Technology sector’s rise of 7.4%. The uptick can be attributed to solid total orders and Marketplace GOV.Total orders increased 24% year over year to $543 million. Marketplace GOV increased 24% year over year to $16.8 billion.DoorDash reported third-quarter 2023 revenues of $2.2 billion, which increased 27% year over year, thanks to a strong portfolio, improvements in logistics efficiency and the growing contr ...
DoorDash Adds Five Retailers to On-Demand Delivery Marketplace
PYMNTS· 2024-01-11 18:21
On-demand delivery platform DoorDash has added five new retail partners to its marketplace. Camping World, Golf Galaxy, JD Sports, Finish Line and The Vitamin Shoppe now offer consumers access to their products through the marketplace, DoorDash said in a Thursday (Jan. 11) press release. With over 100,000 non-restaurant stores across its Marketplace and Drive platforms in North America, DoorDash now offers nearly 2 million products, according to the release. “As consumers look to kickstart their fitness and ...
Is DoorDash (DASH) Stock a Solid Choice Right Now?
Zacks Investment Research· 2024-01-11 14:47
One stock that might be an intriguing choice for investors right now is DoorDash, Inc. (DASH) . This is because this security in the Internet - Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Internet ...
DoorDash Announces Multiple Retail Partners To Kickstart an Active and Healthy New Year
Businesswire· 2024-01-11 14:00
SAN FRANCISCO--(BUSINESS WIRE)--DoorDash (NASDAQ: DASH), the local commerce platform, today announced new retail partners to DoorDash’s Marketplace to support consumers on their active and wellness journeys. To date, DoorDash has more retail stores than any other marketplace in North America with over 100K non-restaurant stores across its Marketplace and Drive platforms and nearly 2 million products from clothing and makeup to household essentials. “ As consumers look to kickstart their fitness and wellnes ...
Should You Buy DoorDash Stock on the Dip?
The Motley Fool· 2024-01-10 22:26
Fool.com contributor Parkev Tatevosian evaluates DoorDash (DASH 2.46%) stock to determine whether growth stock investors should add it to their portfolio.*Stock prices used were the afternoon prices of Jan. 8, 2024. The video was published on Jan. 10, 2024. ...
DoorDash upgraded to ‘Buy' by Jefferies as it overtakes Uber as top pick
Proactive Investors· 2024-01-08 19:12
About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...
DoorDash Looks to Grow Beyond US and Beyond Restaurants
PYMNTS· 2024-01-02 15:21
DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S.“The two largest areas of investment are expansion and penetration outside of the U.S., as well as the same outside of restaurants,” CEO Tony Xu said in an interview with the Financial Times (FT) published Monday (Jan. 1). The FT notes that DoorDash has the monetary heft to make this expansion happen, having produced $878 million of free cash flow in the 12 months to September 30 of last year.The company has since last ye ...
DoorDash planning to expand outside of core restaurant food delivery business
Proactive Investors· 2024-01-02 08:02
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...