Core Viewpoint - DoorDash is proposing to acquire UK-based Deliveroo for $3.6 billion (£2.7 billion), with discussions ongoing between the two companies regarding the offer [1][2] Group 1: Company Profiles - DoorDash is the largest food delivery app in the United States, boasting 42 million monthly active users and generating $10.7 billion in revenue in 2024 [3] - Deliveroo, founded in 2013, is the second largest food delivery app in the UK, averaging 7.1 million active users and reporting £2.07 billion in revenue in 2024 [4] Group 2: Acquisition Details - Deliveroo's board is in discussions with DoorDash, and if a firm offer of £1.80 ($2.40) per share is made, Deliveroo would likely recommend it to shareholders [1] - DoorDash has until May 23 to submit a firm offer for Deliveroo, and shareholders are advised to take no action regarding the potential offer at this time [2] Group 3: Market Strategies - Both DoorDash and Deliveroo have been expanding their user bases by venturing into grocery deliveries and non-food deliveries [4] - DoorDash's CEO emphasized the need for the company to evolve beyond first-party delivery and ordering to become a digital powerhouse [5]

British meal delivery company Deliveroo said on Friday it received a proposal from US peer DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion).DoorDash will need to make a firm offer by May 23. The company did not immediately respond to a Reuters request for comment.Deliveroo’s shares have weakened nearly 50% since their 2021 debut as demand for online food delivery stagnated after the pandemic and investors shifted toward more profitable companies.DoorDash had shown interest ...

Investment Rating - The report maintains an "Attractive" industry view for North America [8]. Core Insights - The report highlights a framework of "visibility to free cash flow (FCF) vs valuation" to analyze potential durable outperformance in the current macroeconomic environment, with META, GOOGL, and UBER identified as top performers [1][10]. - The macroeconomic outlook includes muted GDP growth expectations of 0.6% and 0.5% for 2025 and 2026, respectively, alongside firming inflation and a steady Federal Reserve [2]. - The report emphasizes the interconnectedness of e-commerce and digital advertising, noting that e-commerce drives online advertising and vice versa, with META positioned as the most resilient in the face of tariff impacts [4][5]. Summary by Sections Macro Factors - The focus is on three macro factors: business confidence, hiring trends, and consumer spending health, which are critical for driving investment and hiring decisions [2]. Tariff Exposure - The report details the estimated exposure of U.S. imports from China across various e-commerce companies, with AMZN and RVLV having around 18% exposure, while PTON and FIGS have less than 2% [3][19]. - It discusses the potential ripple effects of China tariffs on digital advertising, particularly affecting smaller businesses and 1P/3P sellers [4]. Visibility vs Valuation Framework - The report employs a quadrant analysis to assess visibility and valuation support, indicating that companies with higher visibility on earnings and cash flow are likely to receive more investor capital first [10][11]. - META and GOOGL are highlighted for their high margin and reasonable valuations, with META favored due to its audience engagement factors and innovations [13]. Company-Specific Insights - CHWY is noted for its high resilience and FCF visibility due to its autoship model, while UBER is recognized for its smaller standard deviation of FCF in 2026 [14][15]. - Companies like BKNG and DASH are also mentioned for their visibility and execution capabilities, while FIGS and PTON face more risks due to their discretionary nature and tariff impacts [16][17]. Price Target Changes - The report outlines price target adjustments for several companies, including a reduction for GOOGL from $210 to $185 and for META from $660 to $615, reflecting lowered revenue estimates due to macroeconomic pressures [39][40].

DoorDash’s (DASH) shares have rallied 31.5% in the trailing 12-month period, significantly outperforming the Zacks Internet - Services industry’s rise of 0.3% and the broader Zacks Computer & Technology sector’s increase of 3.5%.The outperformance can be attributed to strong order growth and rising Marketplace GOV, along with enhanced logistics efficiency and a growing contribution from advertising.DoorDash is also benefiting from an expanding clientele, which has enhanced its order volume and resulted in a ...

Domino’s Pizza has joined the DoorDash Marketplace, starting the rollout of a collaboration in which orders can be placed on the local commerce platform and delivered by the pizza company’s drivers.The companies are piloting this collaboration in select locations and plan to launch it across the U.S. in May and in Canada later this year, according to a Wednesday (April 2) press release.“The ability to connect seamlessly with DoorDash customers means more sales for Domino’s stores, while efficiently leveragi ...

Orders on DoorDash's Marketplace will be delivered by Domino's driversPartnership Highlights: Domino's Joins DoorDash Marketplace: Nationwide U.S. launch beginning in May 2025, expanding to Canada later in 2025 Seamless Integration with Self-Delivery: Domino's drivers fulfill orders while tapping into DoorDash's leading local commerce platform for new customer reach ANN ARBOR, Mich. and SAN FRANCISCO, April 2, 2025 /PRNewswire/ -- Domino's Pizza Inc. (Nasdaq: DPZ), the largest pizza company in the world, h ...

Core Viewpoint - Uber Technologies and DoorDash are the leading players in the U.S. food delivery market, with DoorDash holding a significant market share, but Uber's diversified revenue streams and growth potential in ridesharing and autonomous driving present compelling investment opportunities [1][2]. Company Analysis Uber Technologies - Uber's revenue in 2024 reached $44 billion, growing by 18% year-over-year, with ridesharing accounting for 57% of its revenue and holding a 76% market share compared to Lyft's 24% [5][3]. - The company is exploring autonomous driving through partnerships with Waymo and GM's Cruise, which could enhance its value proposition [4]. - Uber's operating income increased from $1.1 billion in 2023 to $2.8 billion in 2024, and its forward P/E ratio of 22 suggests it is undervalued, making it an attractive buy [5][10]. DoorDash - DoorDash commands 67% of the food delivery market, significantly ahead of Uber Eats at 25%, and has expanded its services to include deliveries from retailers [6]. - The company's revenue grew by 24% to $10.7 billion in 2024, and it achieved a net income of $123 million, recovering from a $558 million loss in 2023 [7]. - Despite a modest operating loss in 2024, DoorDash's forward P/E ratio of 39 reflects its rapid growth and recent profitability, which may attract investors [8]. Investment Considerations - Both Uber and DoorDash are expected to outperform the market, but Uber may have a growth edge due to its leadership in mobility and potential in autonomous driving [9]. - Uber's lower forward P/E ratio of 23 compared to DoorDash's 39 presents a more attractive valuation for investors [10].

"It's critical that any federal legislation also include Dashers," added Max Rettig, DoorDash's global head of public policy. "Tips are tips — there's no reason to exclude Dashers based on how they work." The Cruz-Buchanan proposal would limit the tax break to a $25,000 income-tax deduction, and would deny the break to anyone making more than $160,000 per year. In addition — and critical for Uber and DoorDash — the legislation would tie eligibility to reports by employers that break out tips and wages. Pres ...

The S&P 500 (^GSPC -0.33%) is considered the single best benchmark for the overall U.S. stock market because of its scope. It tracks the performance of 500 large companies that account for about 80% of domestic equities by market value.DoorDash (DASH 0.63%) was added to the S&P 500 on March 24 during the quarterly rebalancing. The stock has returned 295% since January 2023, and still has a consensus rating of "buy" among Wall Street analysts. Also, the median target price of $226 per share implies 18% upsid ...

Core Viewpoint - The rise of AI agents, such as OpenAI's Operator, poses potential risks to consumer-facing applications like DoorDash, as these agents could automate tasks traditionally performed by users, potentially bypassing the platforms altogether [3][4][10]. Group 1: Impact on Consumer Applications - OpenAI's Operator, in collaboration with DoorDash, aims to automate consumer tasks, which could lead to a decline in direct user engagement with DoorDash's website [1][3]. - If AI agents become proficient, they may act as intermediaries, reducing the value of advertising on platforms like DoorDash, which relies on restaurant ads as a growing revenue source [3][4]. - Concerns have been raised by DoorDash executives about the potential negative impact of AI agents on their business model, particularly regarding advertising revenue [2][5]. Group 2: Retailers' Response Strategies - Retailers, including Walmart, are considering building their own agents to interact with consumers, thereby maintaining control over product recommendations and information [7][12]. - The potential for AI agents to disrupt traditional advertising strategies has led to discussions among retailers about adapting their approaches to consumer engagement [12][10]. - OpenAI has indicated that AI agents could serve as valuable traffic sources for retailers, suggesting a collaborative rather than purely competitive relationship [5][6]. Group 3: Current Trends and Data - A recent Adobe report highlighted that 39% of surveyed consumers have utilized generative AI for online shopping tasks, indicating a growing trend in AI-assisted consumer behavior [9]. - Despite the rapid growth of AI applications, the current traffic generated by these tools to retail websites remains moderate compared to traditional methods [9]. - OpenAI's ChatGPT is becoming an increasingly important source of referral traffic for retailers, complicating their relationship with AI technologies [10][8].