DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S. “The two largest areas of investment are expansion and penetration outside of the U.S., as well as the same outside of restaurants,” CEO Tony Xu said in an interview with the Financial Times (FT)...
As DoorDash pushes to grow its share of online grocery, Tony Xu, CEO of the San Francisco-based aggregator, is reportedly casting doubt on Instacart in the leadup to the rival’s planned initial public offering (IPO). According to Barron’s, Xu said Tuesday (Sep. 5) at Goldman...
DoorDash is the latest casualty of surging costs and changing consumer tastes. As reported Wednesday (Nov. 30), the food delivery aggregator said it was laying off 1,250 staffers, which equates to about 14% of its worldwide roster. In the announcement posted on its site, CEO...
Two of the largest restaurant delivery startups in the U.S. are considering a merger in an attempt to take on their biggest rivals. Multiple sources have told Recode that the CEOs of both DoorDash and Postmates have discussed a potential deal at least once in...
May 01, 2024
DoorDash set new company records across several metrics in the first quarter as it continued to expand its services into new segments of the local retail economy. The on-demand delivery aggregator set new quarterly records for total orders, total dollar value of orders completed on its marketplaces, and revenue during the three-month period ended March 31, […]
January 02, 2024
DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S. “The two largest areas of investment are expansion and penetration outside of the U.S., as well as the...
April 09, 2018
Two of the largest restaurant delivery startups in the U.S. are considering a merger in an attempt to take on their biggest rivals. Multiple sources have told Recode that the...
March 01, 2018
After raising $535 million in a Series D round, DoorDash may be worth $1.4 billion in a post-money valuation. The company is not necessarily thinking about an initial public offering...
