Doordash Inc Stock Price, News & Analysis

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.

DoorDash has launched the Main Street Strong Accelerator, aimed at supporting women-, immigrant-, and BIPOC-owned restaurants severely impacted by COVID-19. In partnership with Accion Opportunity Fund, the program provides financial support and educational resources. Applications are open for small business restaurateurs in cities like New York, Los Angeles, and Chicago, with 100 participants to be selected. DoorDash will also offer $2M in grants, distributed as $10,000 payments. The initiative aims to stabilize and empower diverse restaurateurs.

DoorDash and Shake Shack are collaborating for Valentine's Day 2021, presenting 'Love Delivered' featuring a virtual performance by Boyz II Men. The event will take place on February 14th at 8 PM ET, streamed on Twitch and Facebook Live. The collaboration includes a limited-edition 'Berryz II Men' shake available through Shake Shack and DoorDash. Additionally, customers in Philadelphia and NYC can receive a free 'Love Delivered' kit with their Shake Shack orders on February 11th. The kit includes a scented candle and memorabilia from the event.

DoorDash, Inc. (NYSE: DASH) will release its fourth quarter and full year 2020 financial results on February 25, 2021, after market close. The earnings press release and shareholder letter will be available on the DoorDash 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 replay available afterwards. DoorDash emphasizes its commitment to broad information distribution under Regulation FD, utilizing various communication channels.

DoorDash (NYSE: DASH) has launched DasherDirect, a new financial platform for delivery drivers, in partnership with Payfare. This platform includes a Business Prepaid Visa Card and mobile banking app, allowing Dashers to access their earnings daily without fees. Key features include cash-back rewards, digital banking tools, and no overdraft fees. Initially available in select East Coast regions, the nationwide rollout is expected in early 2021. This initiative aims to enhance financial inclusion for gig workers and is part of DoorDash's broader commitment to empower local communities.

DoorDash announced the pricing of its initial public offering (IPO) at $102.00 per share, offering 33,000,000 shares of Class A common stock. The shares are set to begin trading on the New York Stock Exchange under the symbol DASH on December 9, 2020, with the offering expected to close on December 11, 2020. Goldman Sachs & Co. LLC and J.P. Morgan are the lead book-running managers for this offering.

DoorDash has initiated the roadshow for its initial public offering (IPO) of 33,000,000 shares of Class A common stock, with a projected price range of $75.00 to $85.00 per share. The shares will trade under the ticker symbol DASH on the New York Stock Exchange. Goldman Sachs & Co. LLC and J.P. Morgan are the lead book-running managers for this offering. A registration statement has been filed with the Securities and Exchange Commission, though it is not yet effective, meaning that no sales can occur until that status changes.