DoorDash, Inc. (NASDAQ:DASH) stock plunged after the company released a mixed third-quarter earnings report after Wednesday's closing bell, missing EPS estimates. Here's a look at the details in the report. DASH stock is moving. See the real-time price action here.The Details:  DoorDash reported quarterly earnings of 55 cents per share, which missed the consensus estimate of 68 cents by 19.24%.Quarterly revenue clocked in at $3.44 billion, which beat the analyst consensus estimate of $3.35 billion.Read Next ...

Core Viewpoint - The article discusses the shift in the food delivery industry towards eliminating penalties for late orders, highlighting the safety concerns associated with the previous penalty system and the adoption of new evaluation mechanisms by major platforms like Meituan and Ele.me [1] Group 1: Industry Changes - Meituan initiated a pilot program to eliminate penalties for late deliveries in December 2024, which was followed by the introduction of the "Anzhun Card" system in March 2025, replacing the penalty system with a scoring mechanism [1] - By July 2025, the new assessment mechanism was tested in major cities including Changsha, Wuhan, and Hangzhou, with plans for broader implementation [1] - As of August 2025, Meituan announced plans to fully eliminate late delivery penalties by the end of the year, with the "Anzhun Card" already operational in over 100 cities nationwide [1] Group 2: Competitor Responses - Other platforms have begun to follow Meituan's lead, with Ele.me announcing in September 2025 the gradual elimination of late delivery penalties and the introduction of a new "service score" system [1] - JD.com also announced a pilot program to eliminate late delivery penalties in 25 cities, including Changsha, adopting a "service score" management approach [1]

Core Points - Deliveroo founder and CEO, Will Shu, is stepping down following the company's acquisition by US competitor DoorDash, which values Deliveroo at approximately £2.9 billion ($3.9 billion) [1][2] - The acquisition deal offers a significant premium on Deliveroo's shares, with a 29% increase over the closing price on 24 April 2025, and a 40% premium on the three-month volume-weighted average price [1][2] - The acquisition is expected to be finalized on 2 October, with a court hearing anticipated by the end of September [2] Company Overview - Deliveroo, founded in 2013, operates in several countries including Belgium, France, the Republic of Ireland, Italy, Kuwait, Qatar, Singapore, the United Arab Emirates, and the UK [2][3] - The company has partnered with approximately 176,000 restaurants, grocers, and retail partners, and works with over 130,000 riders to enhance the on-demand delivery experience [3] - Will Shu expressed pride in Deliveroo's achievements and indicated a desire to consider new challenges after 13 years [3]

Core Viewpoint - The European Commission has announced that the proposed acquisition of Deliveroo by the American food delivery platform DoorDash, valued at $3.9 billion, will be reviewed under a simplified merger procedure, indicating a high likelihood of approval due to no significant competition concerns identified [1]. Group 1 - DoorDash's acquisition proposal values Deliveroo at approximately £2.9 billion (around $3.92 billion) [1]. - The simplified review process by EU regulators typically suggests that the transaction is unlikely to raise competition issues, increasing the chances of approval [1]. - Deliveroo's stock price has significantly declined since its IPO in 2021, primarily due to a stagnation in online food delivery demand following the COVID-19 pandemic [1].