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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.

News

DoorDash Releases Third Quarter 2023 Financial Results

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DoorDash Inc. (NASDAQ: DASH) reported its Q3 2023 financial results, with Total Orders increasing 24% YoY to 543 million and revenue increasing 27% YoY to $2.2 billion. The company achieved its best quarter in terms of Marketplace GOV, revenue, GAAP net loss, and Adjusted EBITDA. Adjusted EBITDA reached an all-time high of $344 million. DoorDash also provided its financial outlook for Q4 2023, expecting Marketplace GOV between $17.0 billion and $17.4 billion and Adjusted EBITDA between $320 million and $380 million.
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WENDY'S IS KICKIN' $12 OFF DOORDASH ORDERS OF $20+

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Wendy's and DoorDash offer $12 off for DashPass members on October 21
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The Fresh Market is Now on DoorDash

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The Fresh Market partners with DoorDash to offer delivery service through their 161 stores
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DoorDash to Announce Third Quarter 2023 Results on November 1, 2023

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DoorDash, Inc. will release its Q3 2023 financial results on November 1, 2023, after market close. A conference call will be held to discuss the results. Interested parties can access the live webcast and a replay on the DoorDash Investor Relations website.
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DoorDash Broadens Grocery Selection with Multiple New Partners

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DoorDash announces multiple new grocery partners, including CUB, Eataly, El Super, Fiesta Mart, Lowe’s Markets, Pruett’s Food, Stater Bros. Markets, and Strack & Van Til, on the DoorDash Marketplace, expanding opportunities for retailers. DashPass members can enjoy $0 delivery fees on eligible orders of $35 or more. This marks DoorDash's continued growth in the grocery category and its position as the fastest-growing platform for grocery in North America.
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DoorDash Expands Partnership with ALDI to Offer Responsible Alcohol Delivery

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DoorDash and ALDI expand partnership to offer on-demand alcohol delivery from over 1,200 ALDI locations across 21 states on DoorDash.
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DoorDash Announces Move to Nasdaq

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DoorDash to transfer stock exchange listing to Nasdaq from NYSE on September 27, 2023.
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New Urban Institute Report Outlines How Project DASH and Home Delivery Connect People Experiencing Food Insecurity with Charitable Food

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DoorDash's Project DASH has powered over 5 million deliveries of more than 80 million meals, according to a report by the Urban Institute. The report found that home delivery of charitable food has helped alleviate capacity challenges and reduced stigma for clients. 80% of anti-hunger organizations stated that partnering with DoorDash allowed them to reach new people in need, and over 90% reported that it helped build capacity for services. Home delivery has removed food access barriers for clients with chronic health conditions and mobility challenges. 82% of organizations plan to continue offering home delivery in the future, but sustainable funding is crucial for its sustainability.
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TACO BELL® AND DOORDASH COME TOGETHER TO CELEBRATE THE BIGGEST TACO TUESDAY EVER WITH THOUSANDS OF MEXICAN CUISINE VENDORS ACROSS THE COUNTRY

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Taco Bell and DoorDash are teaming up to celebrate Taco Tuesday by funding up to $5 million worth of tacos for taco lovers across most of the country. DoorDash users can get $5 off $15+ orders from participating Mexican restaurants using the code TACOTAB on September 12.
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DoorDash Canada and Staples Canada Partner for On-Demand Delivery

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DoorDash Canada and Staples Canada have announced a new nationwide partnership, allowing consumers to have back-to-school and workplace essentials delivered same-day. DoorDash customers now have access to over 290 Staples locations nationwide, with over 38,000 back-to-school essentials available for on-demand delivery. To kick off the school year, DoorDash is offering a promotion of 30% off orders $25+ (up to $10) until August 30 from select retailers.
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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.
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DoorDash, Inc.

Nasdaq:DASH

DASH Rankings

#185 Ranked by Market Cap
N/A Ranked by Dividends

DASH Stock Data

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