Tag: doordash

VIDEO: Kind DoorDash Driver Restores Woman’s Faith in Humanity With His Manners After Rude Driver

Only days after an unsettling encounter with a disgruntled DoorDash driver, Lacey Purciful experienced a heartwarming turn of events. This time, a different driver showed exceptional service that was all captured on the same home surveillance camera. This delivery driver, who also works for DoorDash, not only delivered her order promptly but did so with…


Delivery Companies, Including Doordash, Uber, Sue New York City Over Minimum Wage Law

Multiple food-delivery services filed a lawsuit against New York City on July 5 seeking to block a new law establishing higher minimum wages for food-delivery workers, including app-based delivery workers. DoorDash and Grubhub filed a joint lawsuit against the city in the Supreme Court of the State of New York, while Uber, the parent company of Uber…


DoorDash Will Offer Drivers Hourly Pay, in Major Change to Platform

DoorDash will offer its drivers guaranteed hourly pay on top of tips, providing its delivery workers another way to earn money, as part of a series of changes to its platform. The delivery app’s main competitor, Uber Eats, already pays its workers for every pickup and delivery that is successfully completed, along with a per-mile pay rate. In…


DoorDash Cuts 1,250 Jobs After Pandemic Hiring Surge

DoorDash is eliminating about 1,250 corporate jobs, or about 6 percent of its workforce, saying it hired too many people when delivery demand surged during the COVID-19 pandemic. CEO Tony Xu said in a message to employees Wednesday that DoorDash was undersized before the pandemic and sped up hiring to catch up with its growth….


Key Takeaways From Raymond James’ Initiation on DoorDash

Raymond James analyst Aaron Kessler initiated coverage on DoorDash, Inc. with a Market Perform rating with no price target. Kessler saw a large total addressable market for food delivery. DoorDash has established itself as the leading food delivery platform in the U.S. with a 50 percent plus market share, Kessler noted. DoorDash offered significant value for its three constituents,…


Musk Donated $5.7B in Tesla Shares; Facebook to Settle Privacy Lawsuit for $90M | NTD Business

New filings show Tesla boss Elon Musk donated 5 million of the company’s shares to a charity last year. How much was it worth? Delivery company DoorDash is clamping down on McDonald’s, planning to raise fees for locations that keep drivers waiting too long for food. Inflation keeps heading north. New government data shows that wholesale…


Apple App Store Analysis: McDonald’s Passes DoorDash, Walmart, and Disney

McDonald’s Corp.’s stock has been trending higher during the month of November and the company’s app is moving up with it. The fast-food app began the month ranked 45th, but has since seen download volume and usage surge. The McDonald’s app is ranked 18th in the “Top Free Apps” category in Apple Inc’s app store as…


5 Food Stocks to Watch Ahead of This Week’s Earnings: DoorDash, Wendy’s and More

The COVID-19 pandemic has been a business-changing event for the restaurant industry and food-related businesses. With the reopening trade providing a lift to some businesses, food stocks could be under watch this week with some that saw business boosts during the pandemic and some that had harder times all reporting quarterly earnings. Here are five…


DoorDash Launches New Safety Features for Deliverers Hours After Shooting

LOS ANGELES—DoorDash is launching two new safety features in its app to improve safety for food deliverers—the safety reassurance call and the emergency assistance button. The announcement came hours after a woman was shot while making a DoorDash delivery in La Mirada. Sheriff’s officials said the woman was followed by suspects in a silver sedan,…


DoorDash Sues New York City Over Customer Data Law, Second Lawsuit in Week

NEW YORK—DoorDash Inc. sued New York City on Wednesday over a new law requiring food delivery companies to share customer data with restaurants, saying it violates customer privacy and lets restaurants compete unfairly. The lawsuit is the latest battle in a series of legal clashes between food delivery app companies and cities. It was filed…