Doordash Inc Stock Price, News & Analysis

DoorDash (NYSE: DASH) launched the DoorDash Accelerator for Local Goods program, aimed at uplifting local consumer packaged goods businesses owned by women, transgender individuals, immigrants, and people of color. The six-week educational course, developed with Next Street, will assist 50 entrepreneurs from New York City, Chicago, and Washington DC. Participants will receive a $5,000 grant, marketing support, and guaranteed sales opportunities through DashMart. Applications are open until April 1, targeting businesses with under $1M in revenue.

DoorDash (NYSE: DASH) has launched an enhanced rewards program for Dashers in the U.S., in partnership with Payfare (TSX: PAY). The new program offers up to 6% cash back at select restaurants and 5% at participating retailers. This initiative aims to provide financial benefits and support for Dashers, enabling them to save on essential purchases. The DasherDirect cardholders will continue to enjoy features like free digital banking and immediate access to earnings. The expanded rewards reflect DoorDash's commitment to enhance financial opportunities for its platform users.

DoorDash, Inc. (NYSE: DASH) announced an agreement to acquire Bbot, a hospitality technology startup. This acquisition enhances DoorDash's offerings for merchants by integrating Bbot's digital ordering and payment solutions, aimed at improving efficiency and customer experience for restaurants and food services. Post-acquisition, these tools will be free to merchants until August 31, 2022.

DoorDash (NYSE: DASH) has launched express grocery delivery in partnership with Albertsons Companies (NYSE: ACI), enabling deliveries in under 30 minutes across over 20 major U.S. cities. Consumers can access more than 6,000 grocery items including fresh produce and dairy through the DoorDash app. This service features loyalty pricing and promotions for Albertsons customers and aims to meet rising consumer demands for speed and convenience. DoorDash plans to expand its express grocery service with additional merchants, enhancing its logistics capabilities further.

DoorDash Inc. (NYSE: DASH) announced its financial results for Q4 2021 and the full year ended December 31, 2021. The company emphasizes its role in supporting local businesses and enhancing last-mile logistics. A live audio webcast of the earnings call will occur on February 16, 2022, at 2:00 PM PT. Investors can access financial results and shareholder letters via the DoorDash investor relations website.

DoorDash (NYSE: DASH) and Shake Shack (NYSE: SHAK) have launched a limited-time dating site called LetsEatCute.com, targeting singles who love Shake Shack's Buffalo Chicken Sandwich. From February 3 to 7, users can create profiles quickly and match with fellow sandwich enthusiasts. Upon matching, users receive a promotional code for a free Buffalo Chicken Sandwich and are entered for a chance to win a $5,000 DoorDash gift card. The promotion highlights partnerships with influencers Rahul Rai and Courtney Parchman, aiming to engage food-loving singles this Valentine's Day.

DoorDash, Inc. (NYSE: DASH) announces the election of Greg Peters to its board of directors, effective January 19, 2022. Peters, previously the Chief Operating Officer and Chief Product Officer at Netflix, brings extensive experience in building and scaling products globally. CEO Tony Xu praised Peters for his leadership skills, emphasizing the potential for DoorDash to expand its offerings and markets. Peters expressed enthusiasm for contributing to the company's growth as it evolves into a global platform.

DoorDash, Inc. (NYSE: DASH) will release its fourth quarter 2021 financial results after market close on February 16, 2022. A conference call is scheduled for 2 p.m. PT / 5 p.m. ET the same day, with a live webcast available on the company’s investor relations website. DoorDash employs various communication methods to disseminate material information, ensuring compliance with Regulation FD. The company connects consumers with businesses in the U.S., Canada, Australia, Japan, and Germany, focusing on local commerce and logistics.

Shoe Carnival has launched a same-day delivery service for U.S. customers collaborating with DoorDash. This innovative service is the first of its kind in the family footwear sector, targeting busy shoppers by offering convenient access to a wide array of footwear. Available within a 12-mile radius of Shoe Carnival locations, the service charges a standard fee of $10 or $5 for Shoe Perks members. CEO Mark Worden emphasized the importance of maintaining stock availability amid order delays, showcasing their commitment to enhancing customer experience.