The two organizations team up to provide local Meals on Wheels programs with a cost-effective, convenient delivery alternative to ensure homebound older adults always receive the nutritious meals they need Through Project DASH, DoorDash powers deliveries on behalf of non-profits at a discounted rate, enabling the Meals on Wheels network to address gaps in volunteer coverage. Together, DoorDash and Meals on Wheels America have already powered free Project DASH pilots for more than 30 local programs to make 2 ...

The report noted that DoorDash is also exploring software that would let merchants to build online storefronts and accept online payments, and accept eCommerce returns directly from consumers and delivering to UPS, FedEx, or the U.S. Postal Service. "With its growing number of partners, DoorDash now provides access to groceries, retail, flowers, food and other products from more than 500,000 local merchants," PYMNTS noted in reporting on the new partnerships last week. There's a wealth of opportunity here, ...

Core Insights - The food delivery industry is facing challenges as rising costs and service fees lead to consumer frustrations, impacting order volumes and profitability for companies [2][3][5] Group 1: Industry Trends - Third-party food delivery services like Grubhub, DoorDash, and Uber Eats are becoming increasingly common among American consumers, with a rise in the share of consumers using these services from 15% in 2020 to 21% in 2024 [17] - Consumers reported higher yearly increases in total checks on third-party apps compared to direct restaurant orders between 2022 and 2024, indicating a trend of rising costs associated with these services [16] - The premium charged by restaurants for third-party delivery menus has nearly doubled since 2020, contributing to consumer dissatisfaction [18] Group 2: Company Performance - Grubhub, owned by Just Eat Takeaway, has not posted an annual profit since going public in 2020, with only one quarter of profit reported during the early COVID-19 lockdowns [7][8] - Uber's delivery segment, which includes Uber Eats, reported adjusted EBITDA of $1.51 billion for 2023, an increase of over $955 million from 2022, highlighting strong performance in the delivery business [37] - DoorDash has seen an all-time high of active users and increased order frequency while claiming to have lowered fees for consumers over the last two years [20] Group 3: Consumer Behavior - A significant portion of consumers (41%) reported ordering less delivery due to high delivery fees, while 48% cited inflated menu prices as a reason for reduced orders [18] - Consumers often experience surprise at checkout due to additional fees, which can lead to frustration and impact their willingness to order [13][24] - Tipping practices are influenced by the perception that service fees do not adequately compensate delivery drivers, leading consumers to feel obligated to tip despite high overall costs [36][52] Group 4: Restaurant Dynamics - Restaurants face a difficult balance in using third-party delivery services, as the associated costs can force them to raise menu prices [28] - The commission structure for restaurants varies, with Uber Eats and DoorDash charging between 15% to 30% of the order total, while Grubhub charges a marketing commission of 5% to 10% [26] - Some restaurant owners resist using third-party delivery services due to concerns over high fees and the impact on their bottom line [30][47] Group 5: Subscription Models - All three major delivery services offer premium memberships that eliminate delivery charges, but service fees still apply, which can vary by location [48][51] - Partnerships with companies like Amazon for membership offerings aim to attract more customers and reduce overall costs for frequent users [33] - Subscription models are seen as a way to retain loyal customers while providing them with tailored discounts and benefits [34]

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Revenues are expected to be $2.54 billion, up 18.9% from the year-ago quarter. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Thus, a positive or neg ...

A potential combination of meal delivery companies Doordash and Deliveroo was reportedly discussed but rejected in May. There are no talks going on now, according to the report. The British company has 180,000 restaurant and retail partners, and a network of 140,000 riders, per the report. In 2021, Doordash acquired its Finnish rival, Wolt, according to the report. Shares in the four biggest, publicly traded U.S./European delivery apps — DoorDash, Delivery Hero, Just Eat Takeaway and Deliveroo — are trading ...

For Crexendo, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.06. This represents a change of +50% from what the company reported a year ago. Crexendo currently has a Zacks Rank of #2 (Buy). DoorDash is benefiting from strong order growth and Marketplace GOV, alongside enhanced logistics efficiency and an increasing contribution from advertising. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, e ...

My thesis DoorDash's primary offerings are the DoorDash Marketplace and the Wolt Marketplace. Both marketplaces together operate across 25 countries, according to the company's 10-K. DASH generates revenue from commissions charged from both merchants and consumers, as well as premium subscriptions like Wolt+ and DashPass. The company's geographic presence is wide based on the number of countries, but the company still generates about 90% of revenue within the United States. The United States market is highl ...

"Many senior adults facing hunger lack access to transportation or are unable to leave home due to health or mobility issues," stated Trisha Cunningham, President and CEO of the North Texas Food Bank. "Project DASH addresses this challenge, enabling organizations like NTFB to reach these individuals. Delivering 1.3 million meals demonstrates the power of collaboration in ensuring no Texan goes hungry. These meals are particularly crucial now, as the need for food assistance has increased beyond pandemic lev ...

"Many senior adults facing hunger lack access to transportation or are unable to leave home due to health or mobility issues," stated Trisha Cunningham, President and CEO of the North Texas Food Bank. "Project DASH addresses this challenge, enabling organizations like NTFB to reach these individuals. Delivering 1.3 million meals demonstrates the power of collaboration in ensuring no Texan goes hungry. These meals are particularly crucial now, as the need for food assistance has increased beyond pandemic lev ...

DoorDash is introducing retail media solutions as it expands its alcohol delivery service. The company is expanding its alcohol delivery partnerships with several retailers, including select Food Lion, Giant Food and Stop & Shop locations, according to a Tuesday (June 11) press release. "In 2023, the total number of liquor stores available on DoorDash in the U.S. increased by more than 60%," said DoorDash Vice President of New Verticals Fuad Hannon in the release. "Today, DoorDash is the U.S. category share ...