The Business Times

DoorDash

Companies & Markets

DoorDash agrees to buy Deliveroo in US$3.9 billion deal

The delivery firm has been grappling with elevated labour costs as well as stiff competition from rivals UberEats and Instacart.
Startups

DoorDash sees downbeat Q1 core profit as costs weigh

A Doordash delivery person rides their bike on Church Avenue in the Flatbush neighborhood of Brooklyn on December 4, 2020 in New York City. A rule issued January 9, 2024, by the US Labor Department making it tougher for companies to classify workers as "independent contractors" could take a toll on the gig economy -- and is likely to face challenges. This includes drivers of ride-hailing services such as Uber and Lyft, or delivery workers for companies like DoorDash. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / AFP)
Companies & Markets

DoorDash aims to boost presence abroad while rivals struggle

The grocery delivery business has doubled in gross order value in the third quarter compared to a year ago, chief financial officer Ravi Inukonda says.
Startups

DoorDash jumps on record orders, stronger outlook

Getir also expanded to the US and Western Europe, only to retreat earlier this year from several countries in Europe
Global Enterprise

Billionaires who rode online delivery boom watch fortunes vanish

App-based delivery workers wait outside a restaurant in New York City, July 7, 2023.
Startups & Tech

Uber, DoorDash lose bid to block New York City minimum wage for delivery workers

Doordash, which made its market debut in December 2020, said it expects to begin trading on the Nasdaq on Sept 27.
Startups & Tech

DoorDash to switch listing to Nasdaq

DoorDash has tried to blunt the impact of rising restaurant prices by offering incentives.
Startups

DoorDash sees record orders, showing appetite for delivery

DoorDash’s revenue rose 40 per cent to US$2.04 billion in the quarter ended Mar 31, compared to analysts’ estimate of about US$1.93 billion.
Startups & Tech

DoorDash rides on delivery demand to raise 2023 core profit forecast

Consumers are spending on food delivery even though inflation is squeezing budgets and the economic outlook has soured.
Startups & Tech

DoorDash forecasts profit growth as customers keep ordering takeout

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