DoorDash(DASH)
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DoorDash Expands Food Access for SNAP Customers With New Grocery Partners
Businesswire· 2024-03-13 13:00
SAN FRANCISCO--(BUSINESS WIRE)--Every day, millions of consumers look for affordable ways to set the table with their favorite dishes. Today, DoorDash (NASDAQ: DASH), the local commerce platform, is proud to expand its SNAP/EBT payment offering with additional grocers to make fresh food accessible to more people. Since launching support for SNAP/EBT payments in 2023, over 1.1 million consumers have added their SNAP/EBT cards to DoorDash. Consumers can order SNAP-eligible groceries using their SNAP benefits ...
3 Stocks to Buy as the Gig Economy Continues to Expand
InvestorPlace· 2024-03-12 17:53
The gig economy has grown by leaps and bounds over the past several years. Moving ahead, there’s a good chance the American gig economy could continue to grow at a rate outpacing that of the overall labor force. Indeed, it’s hard to imagine, but gig work could continue to outpace traditional work as younger generations embrace the new way of work.Though regulations to protect gig workers are sure to introduce some turbulence to the gig economy, I think few things can stop it in its tracks despite setbacks, ...
DoorDash Launches New AI-powered Feature to Help Combat Chat Abuse and Harassment
Businesswire· 2024-03-12 14:22
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 ...
DoorDash Canada Unveils New Made by Women Platform
Businesswire· 2024-03-08 13:30
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 ...
DoorDash Is Taking a Leaf Out of Mark Zuckerberg's Playbook, and Its Stock Might Be Worth Buying Now
The Motley Fool· 2024-02-28 10:29
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 charged NYC restaurant nearly $14K in bogus fees — but only offered to refund half: lawsuit
New York Post· 2024-02-27 18:16
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 ...
DoorDash Announces Partnership with Pet Supplies Plus for On-Demand Delivery
Businesswire· 2024-02-27 14:00
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 ...
Uber Is Becoming a Cash-Flow Machine. Can DoorDash Follow the Same Path and Offer Big Gains for Investors?
The Motley Fool· 2024-02-24 06:59
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 ...
Morgan Stanley Is Pounding the Table on DoorDash (DASH) Stock
InvestorPlace· 2024-02-22 15:48
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 ...
Option Advisor Subscribers Scored a Profit with DoorDash
Schaeffers Research· 2024-02-21 20:13
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 ...