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DoorDash, Inc. - DASH STOCK NEWS

Welcome to our dedicated page for DoorDash news (Ticker: DASH), a resource for investors and traders seeking the latest updates and insights on DoorDash stock.

DoorDash, Inc. (NASDAQ: DASH), founded in 2013 and headquartered in San Francisco, is a leading online food order and delivery service that has significantly expanded its operations since its inception. Initially focused on enabling restaurant food delivery, DoorDash has grown to empower small business owners by offering delivery services in an affordable and convenient manner. The platform enables delivery in areas where it was previously unavailable, thereby opening up new markets for local businesses.

Consumers can use the DoorDash app to order food on-demand for pickup or delivery from a variety of merchants, primarily in the United States. The company's acquisition of Wolt in 2022 extended its service footprint to Europe, further solidifying its presence in the international market. DoorDash provides a marketplace where merchants can create an online presence, market their offerings, and meet customer demand by making their products available for pickup or delivery.

Beyond restaurants, DoorDash's services have expanded to include grocery stores, retail shops, pet supplies, and flower shops. This broad offering underscores the company's commitment to being a comprehensive local commerce platform. Recent partnerships, such as the exclusive deal with Academy Sports + Outdoors announced in June 2024, highlight DoorDash's ongoing efforts to diversify and enhance its service offerings. This partnership allows customers to order products from Academy's 285 stores across 19 states directly through the DoorDash app, with delivery times averaging under an hour.

DoorDash also offers DashPass, a membership program that provides benefits like $0 delivery fees and reduced service fees on eligible orders from various merchants. This program has been well-received, offering value and convenience to frequent users.

Financially, DoorDash continues to show robust growth, driven by its strategic expansions and partnerships. The company's mission to empower local businesses and meet the growing demand for convenient delivery solutions positions it as a significant player in the local commerce and food delivery sectors.

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DoorDash Inc. (NYSE: DASH) announced its financial results for the full year and quarter ending December 31, 2022. A live audio webcast of the earnings call will take place on February 16 at 2:00 PM PT / 5:00 PM ET. DoorDash operates in 27 countries, focusing on connecting consumers with local businesses. The company aims to innovate and expand its services, contributing to the convenience economy. Stakeholders can access detailed financial results and shareholder letters through their investor relations website.

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Roku and DoorDash have announced a multi-year partnership to enhance the TV experience for users by integrating interactive TV ads. Roku users can enjoy a complimentary six-month DashPass, providing $0 delivery fees on eligible orders. DoorDash will also serve as the exclusive ad solution partner for Roku's U.S. restaurants, enabling interactive click-to-order ads. Research indicates that 1 in 3 Roku users order food delivery weekly, and 36% are interested in interactive offers. Wendy’s is joining the initiative with exclusive promotions, such as $5 off purchases over $15. This collaboration aims to streamline food ordering directly from TVs.

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DoorDash (NYSE: DASH) has partnered with Chegg (NYSE: CHGG) to provide US Chegg Study Pack subscribers with a free DashPass Student membership. This initiative aims to enhance savings and convenience for students by offering unlimited $0 delivery fees and exclusive promotions. Subscribers can activate their membership immediately, allowing for affordable on-demand delivery from numerous restaurants and retailers. With a DashPass Student membership, Chegg users benefit from 5% DoorDash credits on Pickup orders, all for a significantly reduced price compared to standard plans. The promotion is available until August 1, 2023.

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Frank's RedHot and DoorDash are teaming up to offer customers free 12-count wings from TGI Friday's on orders over $15 from February 9 to February 12, 2023. This promotion comes as fans prepare for the Big Game, allowing them to enjoy wings without waiting. The deal is available nationwide, automatically applied at checkout while supplies last. Additionally, Frank's recently launched a Fortnite game called 'The Floor is Flava' to enhance the game day experience. This initiative aims to boost engagement and sales during the event.

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DoorDash, Inc. (NYSE: DASH) announced that co-founders Tony Xu, Andy Fang, and Stanley Tang adopted stock trading plans under Rule 10b5-1, allowing them to sell Class A common stock from option exercises before expiration on June 25, 2024. Xu plans to sell 2.2 million shares, Fang 2.0 million, and Tang 2.4 million, with sales commencing between February 2023 and June 2024, adhering to volume limitations set by Rule 144. The company states these sales will not affect their common stock holdings or voting power. The release includes forward-looking statements regarding stock sale timing and potential risks, such as stock price fluctuations.

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Starbucks Coffee Company (NASDAQ: SBUX) and DoorDash, Inc. (NYSE: DASH) have expanded their partnership to launch a new delivery service in Northern California, Texas, Georgia, Florida, and other select markets. Full nationwide availability is expected by March 2023. The decision follows positive feedback from a pilot program in various cities, including Atlanta and Houston. The collaboration aims to enhance customer access to Starbucks products, with approximately 95% of the core menu available for delivery. Customers can enjoy features like prompt delivery, fresh packaging, and customization options.

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DoorDash, Inc. (NYSE: DASH) will release its fourth quarter 2022 financial results after market close on February 16, 2023. A conference call to discuss these results will be held at 2 p.m. PT / 5 p.m. ET on the same day. Interested parties can access the live webcast through the DoorDash Investor Relations website. The company ensures the public is informed through various channels, including SEC filings and press releases. DoorDash operates in 27 countries, connecting consumers with local businesses and providing innovative solutions for merchants.

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Kroger announces the launch of floral and sushi delivery on DoorDash marketplace, expanding its seamless experience for customers.
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Walgreens, in collaboration with DoorDash and Uber, has launched a program to offer free same-day delivery of Paxlovid, a COVID-19 antiviral therapy, to eligible patients across the U.S. With over 8,000 Walgreens locations participating, this initiative aims to enhance access for approximately 92% of the population, including those in underserved areas. The service responds to the increasing COVID-19 cases, with positivity rates reported at 36%. Eligible patients require a prescription to utilize this service, reinforcing Walgreens' commitment to addressing healthcare disparities.

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DoorDash has partnered with Sephora to provide on-demand delivery for beauty products from over 500 stores across the U.S. and Canada. Customers can access makeup, skincare, and more via the DoorDash app and expect delivery within an hour. Sephora's Beauty Insider members can earn points on purchases made through DoorDash. To celebrate, customers can get $10 off their first order over $60 until November 20, 2022. This partnership enhances convenience for consumers ahead of the holiday season, allowing them to shop at in-store prices and experience a seamless beauty shopping experience.

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FAQ

What is the current stock price of DoorDash (DASH)?

The current stock price of DoorDash (DASH) is $173.72 as of January 8, 2025.

What is the market cap of DoorDash (DASH)?

The market cap of DoorDash (DASH) is approximately 71.8B.

What does DoorDash do?

DoorDash is an online food order and delivery service that allows consumers to order food for pickup or delivery from various merchants.

Where is DoorDash headquartered?

DoorDash is headquartered in San Francisco, California.

What recent acquisition has DoorDash made?

DoorDash acquired Wolt in 2022, expanding its service to Europe.

What other services does DoorDash offer besides food delivery?

DoorDash also offers delivery services for groceries, retail items, pet supplies, and flowers.

What is DashPass?

DashPass is a membership program by DoorDash that offers benefits like $0 delivery fees and reduced service fees on eligible orders.

What is the latest partnership DoorDash has announced?

DoorDash recently announced an exclusive partnership with Academy Sports + Outdoors, allowing customers to order products from Academy's 285 stores through the DoorDash app.

How fast are deliveries made on DoorDash?

Deliveries on DoorDash typically average under an hour, though times may vary.

When was DoorDash founded?

DoorDash was founded in 2013.

How does DoorDash support local businesses?

DoorDash empowers local businesses by enabling them to offer delivery services in an affordable and convenient manner, thereby expanding their customer reach.

In which countries does DoorDash operate?

DoorDash operates in more than 30 countries across the globe.
DoorDash, Inc.

NYSE:DASH

DASH Rankings

DASH Stock Data

71.76B
384.09M
0.62%
91.27%
2.47%
Internet Content & Information
Services-business Services, Nec
Link
United States of America
SAN FRANCISCO