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.
DoorDash, Inc. (NYSE: DASH) is set to release its first quarter 2023 financial results after market close on May 4, 2023. Investors can access the earnings press release and shareholder letter via the DoorDash Investor Relations website. The company will host a conference call on the same day at 2 p.m. PT / 5 p.m. ET to discuss its financial results; live webcast registration and replay will also be available on the Investor Relations site. DoorDash is committed to transparently sharing material information through various channels, including SEC filings, press releases, and public calls, ensuring broad accessibility for stakeholders.
Blue Apron (NYSE: APRN) has expanded its Heat & Eat meals delivery service to 11 markets, including New York City, in partnership with DashMart by DoorDash (NYSE: DASH). This rollout follows a successful pilot in Philadelphia. Customers can now enjoy ready-to-eat meals in regions including New Jersey, Virginia, Illinois, Maryland, Ohio, and Pennsylvania. The meals, which are ready in 5 minutes, aim to provide convenience without requiring a subscription. This initiative is part of Blue Apron's strategy to increase market reach and customer accessibility to its culinary offerings.
Wendy's and DoorDash announce a promotional event called Biggie Power Hours on March 30 and 31, 2023. Customers can receive up to
DoorDash (DASH) has expanded its services beyond restaurants, now including over 100,000 non-restaurant stores on its Marketplace and Drive platforms in North America. New retail partners such as Lush Cosmetics, Victoria’s Secret, and Party City have been announced. Key features include enhanced shopping options like express delivery, improved search within retail stores, and better in-app communication for consumers. More than 98% of U.S. consumers can access a non-restaurant retail store via DoorDash, aligning with the company's goal to provide convenience and speed in delivery services.
Walgreens, in collaboration with DoorDash and Uber, has launched a free, Same Day Rx Delivery service for HIV prevention and treatment medications. This service is now available to eligible patients within 15 miles of thousands of Walgreens pharmacies nationwide. This initiative aims to enhance healthcare access, particularly for those in underserved communities, aligning with the White House's National HIV/AIDS strategy targets to reduce new HIV infections significantly by 2030. The move follows previous efforts to provide COVID-19 treatment access, showcasing Walgreens' commitment to tackling health disparities.
Chase and DoorDash have launched the DoorDash Rewards Mastercard, offering unlimited cash back on numerous purchases. Cardmembers can earn 4% cash back on DoorDash orders, 3% on restaurant dining, 2% on grocery stores, and 1% on other purchases. A launch offer for new members includes a free year of DashPass and a $100 cash bonus after spending $500 in the first three months. Additional benefits include no annual fees and various cash back redemption options. DoorDash aims to enhance local community connections through this partnership with Chase and Mastercard.
DoorDash (NYSE: DASH) has announced a partnership with ALDI to enhance grocery delivery services across the U.S. The collaboration will provide same-day delivery to over 2,100 ALDI locations in 38 states, significantly expanding DoorDash's grocery offerings. With this move, more than 98% of DoorDash's monthly users will have access to grocery shopping beyond restaurants. Customers can order a variety of essential items through the DoorDash app, with DashPass members enjoying $0 delivery fees on orders over $35.
This partnership marks a significant milestone in both companies' efforts to meet rising consumer demand for affordable grocery delivery.
FAQ
What is the current stock price of DoorDash (DASH)?
What is the market cap of DoorDash (DASH)?
What does DoorDash do?
Where is DoorDash headquartered?
What recent acquisition has DoorDash made?
What other services does DoorDash offer besides food delivery?
What is DashPass?
What is the latest partnership DoorDash has announced?
How fast are deliveries made on DoorDash?
When was DoorDash founded?
How does DoorDash support local businesses?
In which countries does DoorDash operate?
