Doordash Inc - DASH STOCK NEWS

DoorDash (NASDAQ: DASH) announced that CFO Ravi Inukonda will participate in a fireside chat at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 13, 2025, at 5:10 pm ET. The event will be accessible via live audio webcast on DoorDash's investor relations website, with a replay available after the conference.

DoorDash (DASH) has expanded its partnership with Coco Robotics to launch sidewalk robot delivery services in Los Angeles and Chicago, following a successful pilot program with Wolt in Helsinki. The service is now available through nearly 600 participating merchants, with Coco's fleet of emissions-free robots having completed over 100,000 deliveries during the initial pilot phase.

The expansion is part of DoorDash's multi-modal delivery platform strategy, which integrates Dashers, drones, and autonomous robots to enhance delivery efficiency while reducing costs and emissions. The partnership, developed through DoorDash Labs, aims to optimize delivery methods for each order while increasing merchant demand and Dasher earning opportunities.

Coco operates a fleet of over 1,000 emissions-free delivery robots across Los Angeles, Chicago, Miami, and Helsinki. The collaboration demonstrates DoorDash's commitment to advancing last-mile logistics through sustainable and scalable solutions.

Domino's Pizza (DPZ) has partnered with DoorDash (DASH) to expand its reach through the DoorDash Marketplace while maintaining delivery service by Domino's own drivers. The partnership will launch nationwide in the U.S. in May 2025, followed by a Canadian expansion later that year.

The collaboration aims to tap into what Domino's believes is a $1 billion opportunity in the aggregator marketplace. The integration will allow DoorDash users to order through their app with GPS tracking, while orders will be fulfilled by uniformed Domino's drivers. DashPass subscribers will benefit from zero delivery fees and reduced service fees on orders over $12.

The partnership focuses on reaching incremental customers, particularly in suburban and rural markets. However, Domino's Rewards program will remain exclusive to Domino's e-commerce platforms.

DoorDash (NASDAQ: DASH) has scheduled the release of its first quarter 2025 financial results for Wednesday, May 7, 2025, after U.S. financial markets close. The company will host a conference call to discuss results and guidance at 2 p.m. PT / 5 p.m. ET on the same day.

The earnings press release will be available on the DoorDash Investor Relations website at ir.doordash.com, where interested parties can also register for and access the live webcast. A replay will be available afterward on the same platform.

DoorDash (NASDAQ: DASH) and Dollar General (NYSE: DG) have announced a partnership to enable SNAP/EBT payment capabilities across more than 16,000 Dollar General stores on the DoorDash Marketplace. This expansion nearly doubles DoorDash's SNAP-accepting network to over 35,000 stores.

The collaboration, facilitated by Forage, provides SNAP recipients access to on-demand grocery delivery from Dollar General stores across 48 states. The service covers SNAP-eligible products including fresh and frozen foods, pantry essentials, and snacks.

DoorDash connects 99% of its monthly active U.S. consumers with at least one SNAP-accepting store. The company offers eligible SNAP/EBT recipients a discounted DashPass plan at $4.99/month for one year, providing benefits like $0 delivery fees and reduced service fees on eligible orders.

DoorDash (DASH) reported strong Q4 and full-year 2024 financial results, marking its first full year of positive GAAP net income. The company achieved 24% year-over-year revenue growth and helped generate nearly $60 billion in sales for local merchants across 30+ countries.

Q4 2024 highlights include: Total Orders up 19% Y/Y to 685 million, Marketplace GOV increased 21% Y/Y to $21.3 billion, and revenue grew 25% Y/Y to $2.9 billion. The company reported Q4 GAAP net income of $141 million, compared to a loss of $154 million in Q4 2023.

Monthly active users reached an all-time high of over 42 million in December 2024, with DashPass and Wolt+ members exceeding 22 million. The company's board authorized a new $5.0 billion share repurchase program. For Q1 2025, DoorDash expects Marketplace GOV between $22.6-23.0 billion and Adjusted EBITDA of $550-600 million.

DoorDash (NASDAQ: DASH) announced a new partnership with The Home Depot (NYSE: HD), making the world's largest home improvement retailer's products available for on-demand delivery through the DoorDash platform. The partnership enables delivery of home improvement essentials to both doorsteps and work sites in as little as one hour.

Through this collaboration, customers can purchase Home Depot products directly through the DoorDash app, offering enhanced convenience for both DIY enthusiasts and professional contractors. The service complements Home Depot's existing same-day and next-day delivery options.

This partnership is part of DoorDash's broader expansion into non-restaurant retail, with the platform now featuring over 115,000 non-restaurant stores in North America and offering nearly 2 million products across categories including Apparel, Home Improvement, and Arts and Crafts as of June 2024.

DoorDash (NASDAQ: DASH) has scheduled the release of its fourth quarter and full year 2024 financial results for Tuesday, February 11, 2025, after U.S. market close. The company will host a conference call to discuss results and guidance at 2 p.m. PT / 5 p.m. ET on the same day.

The earnings press release will be available on DoorDash's Investor Relations website. Interested parties can access the live webcast through the same platform, where a replay will also be made available after the call.