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]

People in 20 U.S. cities — including Atlanta, Austin, Miami, and San Francisco — can now apply to become a DoorDash Creator. https://t.co/z9KA7jjNfm ...

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 ...

Drone Delivery Industry Landscape - Regulators are approving drone deliveries, signaling a positive shift in the industry [1] - Zipline is the largest autonomous drone delivery fleet globally [1] - Zipline's technology is more advanced than that of Google or Amazon [2] Zipline Company Focus - Zipline is focused on building real-world applications [1] - Zipline is an autonomous logistics and delivery system [1]