Doordash Inc Stock Price, News & Analysis

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.

DoorDash (NYSE:DASH) announces the launch of ultra-fast grocery deliveries in New York City via DashMart, offering over 2,000 items delivered in 10-15 minutes. The service starts from DashMart in Chelsea, with plans for expansion. Customers can enjoy $0 delivery fees with DashPass and a $15 discount on their first order. DoorDash aims to provide a new employment model through DashCorps, with full-time couriers receiving benefits. The initiative also supports local businesses and reduces food waste by donating excess produce.

Dollar General (NYSE: DG) has partnered with DoorDash (NYSE: DASH) to provide same-day delivery of essential household items. This initiative aims to enhance shopping convenience with no minimum order size and an average delivery time of under an hour. From November 11 to November 24, 2021, first-time customers can enjoy 30% off their orders of $20 or more. The service is currently available at over 9,000 Dollar General locations, with plans to expand to over 10,000 by December 2021. This collaboration addresses increased demand for contactless shopping options.

DoorDash (NYSE: DASH) and Payfare (TSX: PAY) have launched DasherDirect, enabling delivery drivers in the U.S. to access earnings instantly after each dash. This financial solution includes a prepaid Visa card and a mobile banking app, offering no-fee payouts, cash back on gas, and no minimum balance requirements. The initiative, responding to driver feedback for quicker payments, aims to enhance economic security for Dashers. CEO Tony Xu emphasized the significance of this program for financial empowerment, while Payfare's CEO noted the initiative's early success and potential for global expansion.