DoorDash shifts pay scheme, cuts flexibility in New York City

Dive Brief: Dive Insight: DoorDash said its steeper fees in New York City led to a $3.5 million drop in sales for local DoorDash merchants and 200,000 fewer orders over the last few weeks. The company didn’t share a specific time frame for this decline, and didn’t respond to a request to confirm how many merchants …

Instacart Brings Groceries and Restaurant Food Together With Uber Eats Deal

Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats. The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead, lets Instacart customers order from a wide range of restaurants using a new “Restaurants” tab on the company’s app.  “Through this partnership, Instacart customers now have access to both the best online …

How DoorDash is Growing by Advancing its ‘Local Commerce’ Mission

When DoorDash launched in 2013, it was all about restaurant delivery. Now, in addition to dinner from the local taco joint, you can order garden mulch from Lowe’s, mascara from Sephora and tequila for some margaritas to spice up Taco Tuesday, all in the same app. In fact, DoorDash’s reach has expanded so much in the past decade …

DoorDash says it’s getting more affordable

While restaurant menu prices continue to climb, DoorDash says its prices are going down. The third-party delivery company said it has reduced fees by 12% over the past two years for customers who aren’t part of its DashPass subscription program.  That includes the service fees, delivery fees, small order and legislative fees that it tacks …

DoorDash CEO Tony Xu’s Parents Moved To The US From China With Only $250, And Now He’s Worth $2.2 Billion

After DoorDash Inc.‘s (NASDAQ:DASH) initial public offering (IPO), founder and CEO Tony Xu is living the American dream and shedding light on the lucrative world of startups. Born to Chinese immigrants who arrived in the United States with $250, Xu’s story begins in Illinois when he was 5 years old. His parents’ work ethic set the foundation …

DoorDash disappoints Wall Street with downbeat quarterly core profit

Shares of DoorDash sank more than 14% in extended trading on Wednesday after it projected second-quarter core profit below estimates, signaling that higher costs were offseting some gains from rising groceries and food orders. The San Francisco-based online food delivery firm has been forced to increase minimum pay for its delivery workers after New York …

DoorDash earnings: Delivery giant hits quarterly records for key metrics

DoorDash heavily narrowed its net loss and hit new quarterly records for key metrics for the first quarter of 2024. But growth of total orders, marketplace gross order value, and revenue—while all still up double digits from the same time a year ago—is slowing from the same breakneck pace it achieved in past quarters.  DoorDash …

Everybody Is Blaming Somebody Else for Seattle’s Punishingly High Delivery App Fees

AfterAfter years of complaints over low pay for gig workers and occasional protests from app delivery drivers, the Seattle City Council took action in 2022. Members voted unanimously to pass legislation called PayUp, which among other things was supposed to guarantee a minimum hourly wage to delivery workers, including those who work for apps like DoorDash and UberEats. On …

DoorDash v UberEats

Jon Feldman Ex-Uber | Angel InvestorEx-Uber | Angel Investor Counter-narrative: Uber started 1-2 years later than Doordash in food delivery, but still built a larger and more profitable total global business. 2023 Q4 Revenue:Doordash: $2.3BUber Delivery: $3.1B 2023 Q4 Adjusted EBITDA:Doordash: $363MUber Delivery: $476M (Additionally: Uber sold its India, SEA and Russia businesses for stakes …

DoorDash begins piloting drone deliveries in the US

DoorDash is expanding its partnership with Alphabet’s Wing to bring its drone delivery pilot to the U.S., the company announced on Thursday. Select users in Christiansburg, Virginia will be able to order eligible menu items from their local Wendy’s. DoorDash first launched its drone delivery pilot program in Australia in 2022, where it is now operating drone …