How DoorDash became the dominant US food delivery company

By focusing on communication with restaurant merchants, the aggregator has built products and features based on operator needs. This article is the first in a three-part series exploring how DoorDash has become the dominant third-party delivery aggregator in the U.S.   Mistie Boulton, CEO of Palo Alto, California-based restaurant Oren’s Hummus, is used to seeing young …

DoorDash (NYSE:DASH shareholders incur further losses as stock declines 12% this week, taking one-year losses to 66%

Investing in stocks comes with the risk that the share price will fall. And unfortunately for DoorDash, Inc. (NYSE:DASH) shareholders, the stock is a lot lower today than it was a year ago. In that relatively short period, the share price has plunged 66%. DoorDash hasn’t been listed for long, so although we’re wary of recent listings …

DoorDash can now return your packages for you

DoorDash is launching a new “Package Pickup” offering that lets users request a delivery person to pick up their prepaid package from their home and drop it off at a UPS, FedEx or USPS location. The company began piloting this feature in March 2022 as part of a small beta test and is now officially rolling it out. For …

DoorDash’s (DASH) Growth Slows Down Amid Economic Turmoil

DoorDash DASH is reeling with slowing business growth. Consumers are spending less on online delivery apps amid the economic turmoil, and the online food delivery business is facing a downward spiral since its boom during the pandemic period. During the pandemic, DoorDash and Uber Technologies’ UBER Uber Eats, controlling 90% of the U.S. food-delivery market, continued to record …

DoorDash top focus when it comes to food delivery coupons

Consumers seeking food takeout coupons hit DoorDash the most and Papa John’s is the single most searched for restaurant when it comes to discounts. Those are findings from a CommonCentsMom.com study that analyzed the number of average monthly Google searches over the past year for coupons for food delivery services in the U.S. Other top search sites are Uber Eats and Pizza …

DoorDash’s expansion beyond the US will come with challenges

arlier this year, DoorDash closed its biggest acquisition to date: an $8 billion buyout of Finland-based food delivery company Wolt. Not only did this immediately expand it into Europe via Wolt’s 27 existing markets, but it will also provide additional opportunities to enter new countries.  “We’re also very excited about our opportunity to grow outside of America,” said …

DoorDash lays off 1,250 employees

Dive Brief: These layoffs will right size the company and allow it to match its strategic priorities, Xu said.  “We must keep this level of discipline moving forward and act with the hunger, efficiency and creativity of the younger startup we once were while leading with the responsibility of the market leader we’ve become,” Xu …

How DoorDash became the dominant US food delivery company

Mistie Boulton, CEO of Palo Alto, California-based restaurant Oren’s Hummus, is used to seeing young professionals and students pitch inventions. Her partner, Oren Dobronsky, is known as a Silicon Valley angel investor and has four successful startups. People come into the restaurant to pitch the latest and greatest invention, and Boulton acts like Dobronksy’s guard dog, looking …

DoorDash cuts 1,250 jobs to control ballooning costs

DoorDash Inc said on Wednesday it was cutting about 1,250 jobs, or 6% of its total workforce, as the food-delivery company looks to keep a lid on costs to cope with a slowdown in demand.DoorDash, went on a hiring spree to cater to a flood of orders from people stuck at home during the height …