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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.
Bed Bath & Beyond (Nasdaq: BBBY) has enhanced its Same Day Delivery services by partnering with DoorDash (NYSE: DASH), expanding coverage to over 3,000 additional zip codes in the U.S. With this partnership, Same Day Delivery is now available in 99% of store locations. Customers can order until 6 p.m. local time and receive real-time updates on their orders. This service aims to improve convenience for customers ahead of the Memorial Day holiday, following a successful launch in Canada.
DoorDash reported Q1 2021 financial results on May 13, highlighting its operational strength across the U.S., Canada, and Australia. The company aims to meet growing consumer demands with advanced logistics, enhancing local commerce. The earnings call is scheduled for May 13 at 2 PM PT, with further investor presentations lined up on May 18 and May 26. For more details on financial performance and other events, visit the DoorDash investor relations website.
DoorDash (NYSE: DASH) has announced a strategic partnership with Rite Aid to provide same-day delivery of over 24,000 health and wellness items from more than 2,100 Rite Aid locations across 17 states. The delivery, facilitated through the DoorDash app, promises an average arrival time of under an hour. Products available include non-prescription medications, groceries, and personal care items. This collaboration aims to enhance customer access to vital health products during the ongoing pandemic, with benefits available for DashPass subscribers on orders over $12.
DoorDash, Inc. (NYSE: DASH) is set to release its first quarter 2021 financial results after market close on May 13, 2021. The earnings press release and shareholder letter will be available on the company's investor relations website. A conference call to discuss the results will occur at 2 p.m. PT / 5 p.m. ET on the same day, with a live webcast accessible online. A replay of the call will be available shortly thereafter. DoorDash has integrated various communication methods to ensure broad distribution of material information for compliance with regulatory obligations.
DoorDash has launched a new initiative to support its Dashers and affiliated community organizations. Between April 5 and April 18, Dashers completing 25 deliveries can enter to win a share of $1 million, including $50,000 for themselves and $50,000 for a charity of their choice. Ten Dashers will be selected as winners, announced on April 23. Additionally, all Dashers can access $20 in CarAdvise credit for car maintenance discounts. This program aims to recognize the contributions of Dashers during the COVID-19 pandemic while promoting community support.
DoorDash announced the launch of same-day delivery for COVID-19 PCR test kits through partnerships with Vault Health and Everlywell. Customers in select U.S. cities can access these FDA-authorized kits via DoorDash's DashMart locations and the app. The Vault Health kit, priced at $119, offers supervised saliva sample collection, while Everlywell's kit costs $109 and includes a nasal swab. Both kits promise results within 24-48 hours. This initiative underscores DoorDash's expansion in healthcare delivery, previously partnering with Walgreens and CVS Pharmacy for on-demand medicine.
DoorDash has launched its Made by Women platform to support women-owned businesses, coinciding with International Women's Day. The initiative includes a partnership with WNBA All-Star Chiney Ogwumike and a national ad campaign titled "In the Zone". The program highlights women-owned restaurants across the U.S. and offers resources such as loan matching through Kiva. Customers will see direct support options on the platform, and DoorDash will donate $1 per order from participating businesses, up to $100,000, to the James Beard Foundation's Women's Leadership Programs.
DoorDash will present at Deutsche Bank's 29th Annual Media, Internet & Telecom Conference on March 9, 2021, at 9 a.m. PT / 12 p.m. ET. Vice President of Investor Relations, Andy Hargreaves, will lead a fireside chat. Investors and the public can view the live and recorded webcast at ir.doordash.com.
Founded in 2013, DoorDash connects consumers with local and national businesses across 4,000 cities in the U.S., Canada, and Australia, enhancing last-mile logistics to meet consumer demand in today's convenience economy.
DoorDash Inc. (NYSE: DASH) announced its financial results for the full year and quarter ending December 31, 2020. The company continues to expand its presence in over 4,000 cities across the U.S., Canada, and Australia, focusing on enhancing last-mile logistics for local businesses. Interested parties can access the complete fourth quarter 2020 letter to shareholders on the DoorDash investor relations website. A live earnings release call is scheduled for February 25 at 2:00 PM PT. Detailed financial performance announcements will be available through SEC filings and investor events.
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