DoorDash issued an earnings outlook that missed Wall Street’s expectations, with the delivery company warning that winter storms in the US and investments into growth areas will weigh on profits in the near term. https://t.co/PKRlR8sSy1 ...

DoorDash is launching a grocery shopping feature within ChatGPT as part of a planned partnership with OpenAI, just a week after rival Instacart announced a similar tool https://t.co/u03VwYOdpm ...

Brazilian delivery service iFood is seeking to acquire an employee-benefits business and has eyed several firms including Ticket https://t.co/8cl3dly0aG ...

Bernie McTernan, Needham senior analyst, joins CNBC's 'Squawk on the Street' to discuss outlooks on Instacart following the company's third quarter earnings. ...

Core Insights - Karooooo's second-quarter financial report shows strong revenue growth and subscriber increases, with overall revenue rising by 21% year over year and Cartrack subscription revenue increasing by 20% [4][9] - The company maintained its fiscal 2026 guidance, expecting Cartrack subscription revenue growth of 16% to 21% and adjusted earnings per share between ZAR32.50 and ZAR35.50 [8][9] Financial Performance - Revenue for Q2 2026 reached ZAR1.34 billion, up from ZAR1.11 billion in Q2 2025, marking a 21% increase and beating expectations [3] - Adjusted earnings per share rose to ZAR8.28, a 13% increase from ZAR7.35 in the previous year, also exceeding expectations [3] - The number of Cartrack subscribers grew by 15% year over year to 2.46 million, with 70,740 net new subscribers added in the second quarter [5] Subscription Revenue and Margins - Subscription revenue from Cartrack accounted for approximately 90% of total revenue, with a 20% increase in this segment [4] - Gross margin slightly decreased to 68%, down from 70%, while operating margin was 26%, down from 27% in the prior year [3][6] - Cartrack's operating margin remained stable at 29% despite overall margin pressures [6] Market Reaction - Following the earnings report, Karooooo's shares fell about 12%, although the stock has more than doubled since the beginning of 2024 [7] - The forward price-to-earnings ratio was around 25 after the decline, down from over 30 earlier in the year [7] Future Outlook - The company expects continued growth in Cartrack subscription revenue and has set a target for adjusted earnings per share for the full year [8]

There's a new bot on the streets. >> When great hunger meets great innovation. >> Meet Dot, Door Dash's first commercial autonomous delivery robot rolling out around Phoenix.At just onetenth the size of a car, Door Dash says this all electric bot can travel up to 20 m hour on sidewalks, bike lanes, and even roads using built-in navigation tech like GPS, radar, lighter, and cameras. Dot stands at 4' 6 in tall, but don't think that its cute headlights means it can't do the heavy lifting. At 350 lbs, the compa ...

DoorDash's Delivery Strategy - DoorDash is focusing on the Greater Phoenix area for autonomous delivery in the current year [1] - The company aims to reach approximately 15 million (15%) customers by the end of the year in the focused area [1] - DoorDash's delivery robot, DOT, is designed to carry up to 30 pounds of cargo [3] - DOT is designed to operate in the 3 to 5 mile range, utilizing bike lanes, roads, and sidewalks [3] - A key design feature of DOT is its ability to navigate sidewalks and approach merchants' doorsteps closely [4] Autonomous Delivery Platform (ADP) - DoorDash announced an Autonomous Delivery Platform (ADP) to integrate various delivery methods, including robots and drones [5] - The company envisions a multimodal delivery system incorporating Dashers, drones, and DOT [5][6] - DoorDash is expanding its delivery services beyond restaurants to include groceries, household items, and electronics [7] Manufacturing and Technology - The manufacturing location and component sourcing for DOT are still under internal discussion [8][9] - DOT's technology is developed in the U S at DoorDash Labs [9] - DOT is designed as a fully autonomous system capable of navigating various environments, including pedestrians and vehicles [9][10]

Geographic Expansion - DoorDash Creator program expands to 20 U S cities including Atlanta Austin Miami and San Francisco [1]

Innovation & Technology - DoorDash is developing hardware solutions, including a delivery robot shaped like a cheese wheel and a smart scale for restaurants [1]

China’s market watchdog is initiating a series of moves to tamp down runaway competition in the meal delivery arena, spurring a rally in shares of sector leaders Meituan and https://t.co/IYA4U13sNP https://t.co/01yHDAni0U ...