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DoorDash
DoorDash is a San Francisco-based on-demand prepared food delivery service founded in 2013. It is one of several technology companies that uses logistics services to offer delivery from restaurants on demand. DoorDash is available in over 4,000 cities.
Few (Though Intriguing) Shifts In Latest Provider Ranking Of Aggregator Apps
January 12, 2021
Aggregators like to aggregate, clearly. They do it better than ever these days. And as goes the business of platform aggregators, so goes PYMNTS’ latest Provider Ranking of Aggregator Apps.
In ...Gig Apps Enabling Crucial Workforce Connections In 2021
January 7, 2021
In the humming world of gig apps, three variations dominate. There’s the platform model, where contractors create profiles and upload portfolios; we’ve got the on-demand type (think restaurant mobile order-ahead ...Today In Payments: Albertsons Laying Off Union Drivers In DoorDash Pivot; PayPal Joins Divvy's $165 Million Funding Round
January 6, 2021
In today’s top news, Albertsons is laying off some of its unionized drivers as it teams with DoorDash, and FinTech Divvy raised $165 million. Plus, in a new SEC filing, ...Albertsons Laying Off Unionized Delivery Drivers In Pivot To DoorDash
January 6, 2021
Albertsons supermarket chain is reportedly laying off some of its unionized delivery drivers and instead teaming with DoorDash for deliveries, according to a report in SFGate on Wednesday (Jan. 6).
Albertsons ...More Than 25 Brokerages Began Coverage Of Airbnb, DoorDash, Signaling Hopes For Growth
January 4, 2021
Numerous brokerages initiated coverage of Airbnb and DoorDash on Monday (Jan. 4), showing the high hopes for those companies’ revenue growth, Reuters writes.
Both companies have also had notable valuations since ...The Connected Economy’s 10 Biggest US IPOs Of 2020
December 24, 2020
The U.S. market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. Connected-commerce companies often led the way, frequently ...Today In Payments: Ripple Faces SEC Lawsuit It Says Would Cripple Cryptocurrency Industry; Peloton Buys Fitness Equipment Maker Precor
December 22, 2020
In today’s top news, Ripple said it faces a lawsuit from the SEC over the sale of unlicensed securities and Peloton has acquired fitness equipment provider Precor. Plus, a survey ...Paytronix CEO Robbins Says DoorDash Still Has A Lot To Prove
December 22, 2020
DoorDash’s initial public offering (IPO) and sudden stock price surge has created no shortage of conversation in the dining landscape. Experts and analysts are rushing to figure out whether DoorDash’s ...Gig Apps Keeping Working Through Pandemic
December 18, 2020
America’s job market was firing on all cylinders, until suddenly it wasn’t. Now it’s 10 months gone to COVID — along with a few million jobs — and folks are ...DoorDash And Uber Fee Hikes Will Test Business Model – And Restaurants’ Patience
December 15, 2020
Six weeks after securing passage of the Proposition 22 ballot measure that overturned a California law requiring part-time workers to be reclassified as employees, two of its biggest backers have rolled out ...Consumers Will Pay Increased Fees To Offset California Gig Worker Benefits
December 14, 2020
Gig workers for Uber and others in California will start getting benefits, but consumers will pay the price in additional fees, the Financial Times (FT) reported Monday (Dec. 14).
Proposition 22, ...DoorDash Partners With Payfare To Launch Banking Solution For Drivers
December 14, 2020
DoorDash and Payfare are collaborating to launch the DasherDirect banking solution for delivery drivers (Dashers), which aims to give them greater flexibility over earnings.
“This is a major step forward in ...Why Affirm Would Delay Its IPO Amid A Hot Market
December 14, 2020
It might seem the recent huge gains by Airbnb and DoorDash on their first trading days following initial public offerings would have BNPL giant Affirm Holdings Inc. speeding up its ...DoorDash, Airbnb IPOs; BNPL Trends; Pet Fraud Top This Week's News
December 11, 2020
In this week’s news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers’ digital shopping trends. The Weekender is here to ...This Week In Payments: Regulatory Action, Big IPOs And Shifting Payments Preferences
December 11, 2020
It’s always a busy week in payments and commerce. But as Karen Webster told Edison Partners’ Chris Sugden during the latest edition of “This Week In Payments,” this week had ...Petco Partners With DoorDash For Nationwide Same-Day Delivery
December 10, 2020
Pet retailer Petco is launching same-day nationwide delivery in partnership with DoorDash that can be accessed via a redesigned website and upgraded app.
“Consumers want more than a transactional relationship with ...Today In Payments: Bank Of America Says Spending Up Over 2019; Airbnb IPO Tops Forecasts With $68 Share Price
December 10, 2020
In today’s top news, Bank of America’s CEO said customers are spending more than last year, and Airbnb topped forecasts with an IPO share price of $68. Plus, the FTC ...DoorDash Shares Slide Slightly On Second Day Of Trading
December 10, 2020
Shares of DoorDash Inc. slid slightly on their second day of trading, dropping some 7 percent as of approximately noon Eastern Time on Thursday (Dec. 10) to trade at $176.24.
The ...Airbnb, DoorDash And The Appeal Of The ‘Platform’ IPO
December 10, 2020
Platform companies are all the rage on Wall Street.
Airbnb, in only the latest example, priced its initial public offering (IPO) on Thursday (Dec. 10) far above initial targeted ranges.
The company’s ...DoorDash Shares Surge Over 85 Pct On First Trading Day
December 9, 2020
DoorDash soared on its first day of trading on the New York Stock Exchange Wednesday (Dec. 9), surging over 85 percent from its initial public offering (IPO) price of $102 ...DoorDash IPO Soars; Commission Caps Make Early News
December 9, 2020
Not a bad debut — not by any measure. But one wonders if the rocket fuel will last.
At this writing, DoorDash shares are changing hands more than 80 percent higher headed ...Today In Payments: Cybersecurity Firm FireEye Hacked By Nation-State; PayPal’s iZettle Intros QR Codes At POS In UK
December 9, 2020
In today’s top news, cybersecurity firm FireEye announced that it had been hacked by a suspected nation-state, and PayPal’s iZettle added QR code payments to its POS app in the ...DoorDash Goes Public At $182 Per Share
December 9, 2020
Shares of DoorDash started trading at $182 a share on Wednesday (Dec. 9) in its New York Stock Exchange introduction, providing the food delivery company with a $57.8 billion market cap.
DoorDash, ...DoorDash Ordered To Cut DashPass Commissions By DC Attorney General
December 9, 2020
The attorney general of the District of Columbia, Karl Racine, has written a letter ordering DoorDash Inc. to stop charging eateries a 30 percent fee on each order through the ...Five Questions To Ask As DoorDash Goes Public
December 9, 2020
The IPO market is hot – but is DoorDash coming at a time when it’s all too hot to handle? The competition is getting fiercer even as the end of ...DoorDash IPO Tops $32 Billion Valuation On Share Price Topping Expectations
December 9, 2020
SoftBank-backed DoorDash priced its initial public offering (IPO) shares at $102 each on a valuation of $32.4 billion, the Financial Times reported on Wednesday (Dec. 9).
The pricing surpassed expectations of $90 ...DoorDash Prices IPO At $102 A Share For About A $39 Billion Valuation
December 8, 2020
DoorDash priced shares for its initial public offering (IPO) at about $102 apiece, giving the popular food-delivery company an approximately $39 billion valuation, according to reports from The Wall Street ...Square Teams With DoorDash For On-Demand Delivery
December 8, 2020
Square has brought DoorDash onto its on-demand delivery platform for Square online sellers, who can harness a countrywide network of Dashers as a fulfillment choice via a new partnership with ...Airbnb’s New IPO Pricing Could Boost Market Cap To $42 Billion
December 6, 2020
Airbnb, which plans to hold its initial public offering (IPO) Thursday (Dec. 10) — just a day after DoorDash does the same — will increase the range for the initial ...DoorDash Raises Target Price To $90-$95 A Share For Potential $3.14 Billion IPO
December 4, 2020
Food delivery platform DoorDash is looking to raise up to $3.14 billion in its hotly anticipated initial public offering (IPO) and has increased its target price to as much as ...QSR Delivery Scramble: Jimmy John’s Joins Up With DoorDash
December 2, 2020
“Never say never,” the simple advice most of us have been getting since childhood — a warning against universal pronouncement about what one will, or will not do, for the ...Today In Payments: Amazon Sellers Ring In $4.8 Billion In Holiday Sales; DoorDash Valuation Could Hit $28 Billion
December 1, 2020
In today’s top news, sellers on Amazon made more than $4.8 billion from Black Friday through Cyber Monday, and DoorDash could see a valuation of $28 billion from its IPO. ...DoorDash Valuation Could Hit $28 Billion, As Firm Says It Only Has 3 Pct Of US Market
November 30, 2020
DoorDash is reportedly seeing its estimated valuation rise to some $28 billion as the food delivery platform moves ahead with its long-awaited initial public offering (IPO). The company noted in ...Today In Payments: Singapore Non-Banks Access Real-Time Payments; Airbnb, DoorDash Seek Higher IPO Valuations
November 30, 2020
In today’s top news, non-bank lenders in Singapore will soon have access to digital payments platforms PayNow and FAST, and Airbnb and DoorDash are seeking higher-than-expected IPO valuations. Plus, the ...Airbnb, DoorDash Seek Higher IPO Valuations
November 30, 2020
Airbnb and DoorDash are expected to release higher-than-expected valuation ranges for their upcoming initial public offerings (IPOs), which shows strength for the market, The Wall Street Journal (WSJ) reports.
WSJ writes ...Chipotle Personalizes Loyalty Program, Digital Ordering Experience
November 20, 2020
Winter is around the corner, bringing colder temperatures and prompting many restaurants to question whether their operations can survive the season.
Many quick-service restaurants (QSRs) have taken their dine-in services outdoors ...PayPal Teams With Gap, DoorDash For Payments, Checkout Solutions
November 17, 2020
New entries to PayPal‘s enterprise merchant roster include delivery company DoorDash and clothing retailer Gap Inc., which will now allow customers to use PayPal at checkout, according to a press ...Today In Payments: PNC Advances $11.6B BBVA Purchase Deal; US Economic Forecasts Grim Amid Escalating COVID-19
November 16, 2020
In today’s top news, PNC will acquire BBVA’s U.S. unit for $11.6 billion, and the economy is facing greater challenges as COVID-19 cases continue to rise. Plus, Mastercard announced a ...A Drone Of Its Own: DoorDash IPO Filing Shows Triple-Digit Growth As Firm Eyes Expansion
November 13, 2020
Food now – and more to come. Maybe via drone.
On Wall Street, the fine print and the filings can reveal much. To that end, DoorDash filed its IPO prospectus – officially known as ...DoorDash Posts $1.9B Revenue As It Files IPO For NYSE Listing
November 13, 2020
Delivery platform DoorDash filed its prospectus for an initial public offering (IPO) for a New York Stock Exchange listing on Friday (Nov. 13) after posting a strong profit, according to ...