DoorDash Inc. (DASH) News
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DASH News Highlights
- 500 - Internal server error
- Over the past 28 days, the trend for DASH's stories per day has been choppy and unclear. It has oscillated between 1 and 11.
- UBER, GOLD and GIG are the most mentioned tickers in articles about DASH.
Latest DASH News From Around the Web
Below are the latest news stories about DoorDash Inc that investors may wish to consider to help them evaluate DASH as an investment opportunity.
Uber Technologies Delivers People and Packages But Not ProfitsUber has made a lot of acquisitions to increase its delivery footprint, but it faces increasing difficulty hiring new drivers based on its past practices. |
SoftBank Invests in Startup Making Battery-Free Wireless Sensors(Bloomberg) -- SoftBank Group Corp.’s Vision Fund 2 led a $200 million investment in Wiliot Inc., a semiconductor company that is developing ways to gather data in manufacturing and logistics using battery-free, stamp-sized sensor tags.Vision Fund director Amit Lubovsky will join Wiliot’s board, the Israel and San Diego-based startup said in a statement. The Series C financing brings the total raised by the company to $270 million and some of Wiliot’s earlier investors, which include Amazon Web |
New Program Offers Meal Deliveries for Military Caregivers Through DoorDashFood and comfort for struggling military caregivers can now be just a click away, thanks to a new partnership between the Elizabeth Dole Foundation and DoorDash. The program is slated to provide $25,000 in meal assistance to military caregiver families in moments of crisis. It will operate via DoorDash's Community Credits program and will offer meal deliveries to any military or veteran families that are caring for a loved one that has been impacted by a service-related injury or illness. |
Just Eat Takeaway.com climbs as shareholder says firm should merge with rivalsJust Eat Takeaway.com was one of the few Stoxx Europe 600 advancers, rising 1.8% in early Amsterdam trade, after shareholder Cat Rock called on the company to make a merger with other global players. The shareholder blamed poor investor communications for lagging investment returns, saying it and DoorDash are expected to make similar amounts of gross merchandise value this year yet DoorDash is worth four times as much. |
A British Trust Managing $39M In Assets Sells DoorDash And VMware HoldingsWhat happened: A British medical charity that manages $39 billion in assets has disclosed changes to its U.S. traded stock holdings during the second quarter. A filing with the Securities and Exchange Commission shows Wellcome Trust significantly reduced its investment in DoorDash (NYSE: DASH), and sold off holdings in VMware (NYSE: VMW), while buying more Linde (NYSE: LIN) shares, and taking a new position in ServiceNow (NYSE: NOW), according to Barron's. Why it’s important: London-based Wellco |
Why DoorDash Soared 13% Last WeekShares of DoorDash (NYSE: DASH) soared 12.9% last week on no particularly positive news for the third-party delivery app, but traders moved sharply into its stock because short interest on the stock surged 24% to 14.2 million shares, or 11% of its outstanding stock. DoorDash isn't one of those so-called meme stocks that trade more based on what's said in internet chat rooms than on business fundamentals, but traders have kept a close eye on any stock with a high level of short interest, hoping to rally around its shares and cause a short squeeze. DoorDash bucked the market trend last week. |
A Giant Foundation Sold DoorDash and VMware Stock. Here’s What It Bought.Wellcome Trust, Britain’s largest foundation, slashed its investment in DoorDash stock and exited an investment in VMware in the second quarter. It initiated a position in ServiceNow, and bought more Linde shares. |
Uber's Expanding Its Grocery Delivery BusinessUber (NYSE: UBER) is pushing down the gas pedal on its new grocery delivery business. Uber's grocery delivery service is now available in 400 cities across the United States. Despite entering many markets after rivals Instacart and DoorDash (NYSE: DASH), Uber has the advantage of millions of users already using its app. |
Zomato Soars 80% in Debut of India’s New Tech Generation(Bloomberg) -- For over a decade, Deepinder Goyal’s Zomato Ltd. has delivered soul food from spicy dosa crepes to soft bread Pav Bhaji with curried vegetables to millions across India.Now, investors get a taste of the fast-growing food delivery giant. The startup soared more than 80% in its Friday debut following a $1.3 billion initial public offering.Zomato, the first of a generation of internet unicorns to tap India’s capital markets, has generated a seldom-seen frenzy among the local investme |
Food Delivery Market 2021 SWOT Analysis, Competitive Landscape and Significant Growth | Top Brands:GrubHub, Blue Apron, DoorDash, HelloFresh, Takeaway.com, Deliveroo, Dahmakan, Delivery Hero, DominThis report studies the Food Delivery Market with many aspects of the industry such as market size, market status, market trends and forecast. The report also provides brief information on competitors and opportunities for specific growth with the key market drivers. Find the comprehensive analysis of the Food Delivery market segmented by company, region, type [] |