Seattle residents face higher delivery bills from services like DoorDash, Instacart and Uber Eats after a new law took effect that requires minimum payments to app-based workers who drive for those platforms. The Seattle City Council’s App-Based Worker Minimum Payment Ordinance took effect on Saturday and requires a minimum payment for workers based on the time worked and miles traveled for each offer. Companies must pay the greater of a minimum per-minute amount of $0.44 and a minimum per-mile amount of $0 ...

DoorDash (DASH) shares have returned 22% in the past six months compared with the Zacks Computer & Technology sector’s rise of 7.4%. The uptick can be attributed to solid total orders and Marketplace GOV.Total orders increased 24% year over year to $543 million. Marketplace GOV increased 24% year over year to $16.8 billion.DoorDash reported third-quarter 2023 revenues of $2.2 billion, which increased 27% year over year, thanks to a strong portfolio, improvements in logistics efficiency and the growing contr ...

On-demand delivery platform DoorDash has added five new retail partners to its marketplace. Camping World, Golf Galaxy, JD Sports, Finish Line and The Vitamin Shoppe now offer consumers access to their products through the marketplace, DoorDash said in a Thursday (Jan. 11) press release. With over 100,000 non-restaurant stores across its Marketplace and Drive platforms in North America, DoorDash now offers nearly 2 million products, according to the release. “As consumers look to kickstart their fitness and ...

One stock that might be an intriguing choice for investors right now is DoorDash, Inc. (DASH) . This is because this security in the Internet - Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Internet ...

SAN FRANCISCO--(BUSINESS WIRE)--DoorDash (NASDAQ: DASH), the local commerce platform, today announced new retail partners to DoorDash’s Marketplace to support consumers on their active and wellness journeys. To date, DoorDash has more retail stores than any other marketplace in North America with over 100K non-restaurant stores across its Marketplace and Drive platforms and nearly 2 million products from clothing and makeup to household essentials. “ As consumers look to kickstart their fitness and wellnes ...

Fool.com contributor Parkev Tatevosian evaluates DoorDash (DASH 2.46%) stock to determine whether growth stock investors should add it to their portfolio.*Stock prices used were the afternoon prices of Jan. 8, 2024. The video was published on Jan. 10, 2024. ...

About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...

DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S.“The two largest areas of investment are expansion and penetration outside of the U.S., as well as the same outside of restaurants,” CEO Tony Xu said in an interview with the Financial Times (FT) published Monday (Jan. 1). The FT notes that DoorDash has the monetary heft to make this expansion happen, having produced $878 million of free cash flow in the 12 months to September 30 of last year.The company has since last ye ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Thirteen delivery workers got an early Christmas present – thanks to an ongoing city investigation that found Doordash improperly failed to pay them for multiple days of work.Doordash cut workers checks ranging from $100 to as much as $8,000 after they were kicked off of the app earlier this year and not paid for their final days of work, according to worker advocacy group, Los Deliveristas Unidos.The group had filed complaints on behalf of the workers with the New York City Department of Consumer and Work ...