DoorDash's (DASH) shares have surged 43.7% in the year-to-date period compared with the Zacks Internet - Services industry's growth of 18% and the broader Zacks Computer & Technology sector's appreciation of 23.4%. The outperformance can be attributed to strong performance in total orders and Marketplace Gross Order Value (GOV), alongside enhanced logistics efficiency and an increased contribution from advertising. DoorDash is also gaining momentum in new verticals, particularly in the grocery segment, whic ...

. . DoorDash and MenuSifu Announce Expanded Partnership, Boosting Local Restaurant Success September 26, 2024 3:50 PM EDT | Source: MenuSifu New York, New York--(Newsfile Corp. - September 26, 2024) - MenuSifu, a leading North American SaaS provider, is excited to announce the expansion of its partnership with DoorDash. Through this enhanced collaboration, the MenuSifu Central third-party delivery management platform now seamlessly integrates with DoorDash, providing restaurants with a more efficient soluti ...

DoorDash (DASH) is expanding its footprint in the digital commerce space with the recent launch of products designed to help merchants grow and manage their businesses across their channels, both in-store and online. The new DoorDash Commerce Platform offers merchants tools such as branded mobile apps, AI-powered phone ordering systems and tableside order and pay solutions. The platform will empower them to enhance customer engagement and streamline operations. With features like Drive On-Demand delivery an ...

DoorDash, Inc DASH stock surged Wednesday after KeyBanc analyst Justin Patterson upgraded the stock from Sector Weight to Overweight with a $177 price target. Patterson noted DoorDash as a clear share gainer in a secular growth category with emerging revenue streams from advertising and new verticals like grocery. When Patterson initiated DoorDash before second-quarter earnings, he was constructive on DoorDash's fundamentals and long-term opportunity but cautious on near-term consumer spending data points, ...

Shares of online delivery service DoorDash Inc (NYSE:DASH) are 4.4% higher before the bell, following a bull note from BTIG. The Wall Street brokerage upgraded DASH from "neutral" to "buy" with a $155 price target after citing several key factors, including strong third-quarter growth despite consumer weakness. DoorDash stock is on track to open around $138.30, which is right below its closing record of $141.10. The equity got a boost after the Federal Reserve cut interest rates yesterday for the first time ...

Ottawa, Ontario, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Intouch Insight, a leading customer experience (CX) solutions provider, has released its 2024 Third-Party Delivery Study report. This comprehensive study, released in partnership with Informa Connect, offers valuable insights into the performance of third-party delivery services, highlighting the crucial factors that influence customer satisfaction and the effectiveness of delivery operations for orders placed for made-to-order food from both restaurants a ...

This food delivery giant is expanding into other segments, which could be even more lucrative than its core business. DoorDash (DASH -0.76%) is the dominant food delivery company in America with a 67% market share. It expanded into other segments like grocery and retail over the past few years, which could lay the groundwork for significant growth over the long term. DoorDash stock is up 31% in 2024 so far, so it's comfortably beating the S&P 500, which is up 18%. Here are two reasons why I think it's about ...

DoorDash (NASDAQ: DASH ) announced yet another grocery partnership last Thursday , this time with the largest US-based Asian supermarket chain, H Mart. I'm maintaining my buy as the new partnership further confirms my expectation of green shoots I'm a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after which I directly began my career on Wall Street. Since kickstarting my career, I've spent over two decades in the ma ...

DoorDash (DASH) shares have rallied 26.4% year to date compared with the Zacks Computer & Technology sector's rise of 20.7%. DASH's robust stock price performance has been driven by its better-than-expected financial results and impressive growth profile. DoorDash reported second-quarter 2024 revenues of $2.63 billion, which increased 23.3% year over year. The upside was driven by strong performance in total orders and Marketplace Gross Order Value ("GOV"), alongside enhanced logistics efficiency and an inc ...

DoorDash Inc. NASDAQ: DASH is the largest food delivery platform in the United States, with over 550,000 restaurants and grocery stores in its network. Like Uber Technologies Inc. NYSE: UBER, DoorDash plays the role of the middleman connecting local restaurants with customers and Dashers (delivery drivers) to deliver the food. DoorDash has also expanded its deliveries to include groceries, clothing, make-up, mattresses, and more than two million products. DoorDash Today | --- | --- | |---------------------- ...