Food Delivery

DoorDash Inc. (NYSE:DASH) reportedly expressed interest in acquiring British food delivery company Deliveroo Plc. (OTC:DROOF), but discussions stalled due to valuation disagreements. What Happened: DoorDash, a major player in the U.S. food delivery industry, initiated talks with Deliveroo last...

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless...

Leading publicly listed online food delivery companies in the U.S. and Europe have collectively accumulated over $20 billion in operating losses. The firms are facing a challenging economic environment, and their stock prices have been affected. What Happened: Despite fierce competition for market...

In a groundbreaking move, Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo’s self-driving cars have started delivering UberEats by Uber (NYSE:UBER) orders in the Phoenix metropolitan area. This marks the first time autonomous vehicles have been used in the partnership between Waymo and Uber. What...

DoorDash Inc (NASDAQ: DASH) recently launched AI-powered feature SafeChat+ to combat chat abuse and harassment. Although delivery could be less "sticky" than mobility, especially amid a macro downturn, the execution by the company’s management has been “impressive,...

DoorDash Inc (NASDAQ:DASH) shares are trading higher on Tuesday. The company announced the launch of SafeChat+, a new feature to help combat chat abuse and harassment. If SafeChat+ identifies inappropriate or abusive chats between Dashers and consumers, Dashers can promptly cancel orders without...

Customers using DoorDash (NYSE:DASH) and Uber Eats (NYSE:UBER) in New York City received a jolt this week. The popular delivery platforms have ceased tipping at checkout and introduced additional charges. What Happened: Business Insider reported on Dec. 6, 2023, that New York City-based users of...

Food delivery giants in New York must now pay their workers a minimum hourly wage of $17.96, as per a recent court decision. As reported by Bloomberg on Thursday, a state appeals court rejected attempts by Uber Technologies Inc. (NYSE: UBER), DoorDash Inc. (NYSE: DASH) and Grubhub Inc. (NYSE: GRUB...

Uber Technologies Inc (NYSE: UBER) just reported its second ever operating profit in its third quarter report during which it expanded both its rides and food delivery business. Last week, its food delivery rival, DoorDash Inc (NASDAQ: DASH), reported its best quarter since its IPO. Uber...

DoorDash Inc. (NYSE:DASH) has warned its users about potential delays in food delivery if the delivery driver is not tipped, reported The Wall Street Journal. The food delivery giant has hinted that customers who choose not to tip their delivery drivers might have to wait longer to receive their...

Automotive giant Ford Motor Company (NYSE:F) is among the companies that are testing the use cases for drones. Here's a look at the latest developments at the automotive company. What Happened: Ahead of its third quarter earnings report and a tentative agreement with the UAW for the ongoing strike...

With the rapid rise of artificial intelligence tools available, more and more companies are looking for ways to integrate the potentially transformative technology into their businesses. Uber Eats is no different.  Uber Eats is preparing to roll out an AI-powered chatbot that will help...

DoorDash Inc (NYSE: DASH) is offering more choices for consumers and more choices for Dashers at roughly the same cost to the company. What Happened: DoorDash redesigned its consumer app based on customer feedback and unveiled the changes at its inaugural Dash Forward 2023 product...

Uber Technologies, Inc (NYSE: UBER) and DoorDash Inc (NYSE: DASH) were trading more than 5% and 2% higher, respectively on Monday, in tandem with the general market, which saw the S&P 500 gain slightly. Piper Sandler analyst Alexander Potter upgraded Uber from Neutral to Overweight on...

After posting better-than-expected third-quarter results, DoorDash Inc (NYSE: DASH) received four price target changes from analysts. Although still bullish, price targets were lowered to reflect a more conservative estimate based on the stock trading at 30x 2023 adjusted EBITDA, which may keep...