doordash fees

DoorDash posts mixed earnings, acquires Wolt for $8.1B

DoorDash reports mixed earnings, stock jumps post market on news of Wolt acquisition

In its first earnings statement as a public company, issued on Feb. 25, DoorDash disappointed despite setting quarterly records for total orders, adjusted earnings before interest, taxes, depreciation and amortization, and market share. Investors instead fixated on the company’s doubling of its quarterly loss over Q4 2019.

Since then, DoorDash (NYSE: DASH) has ridden pandemic tailwinds to a pair of productive quarters in 2021, turning in strong earnings across the board in Q1 and a sequential...

https://www.freightwaves.com/news/doordash-posts-mixed-earnings-acquires-wolt-for-8-1b

Investors send DoorDash stock soaring on strong earnings, outlook

After plummeting nearly 37% from its first earnings call, DoorDash (NYSE: DASH) investors are jumping on the stock Friday following a strong Q1 earnings report on Thursday.

In midmorning trading, DoorDash stock was up more than 20% on volumes that by 10:45 a.m. EDT Friday had surpassed 4.2 million shares trading hands. Average daily trading volume for DoorDash stock is 2.45 million shares.

The price had reached $140.82 a share by midmorning Friday, up from its Thursday close of $115.94 a share,...

https://s29755.pcdn.co/news/investors-send-doordash-stock-soaring-on-strong-earnings-outlook

DoorDash: Added fees are necessary to ensure service, pay Dashers

DoorDash adds new fees as municipalities cap charges

DoorDash (NYSE: DASH) has been accused of tacking on additional fees to service bills in some communities after at least 68 cities and towns have enacted laws that capped what the delivery service could charge local restaurants.

Those fees, DoorDash said, are necessary to ensure continued service for restaurants and payment for Dashers.

According to an NBC News report, DoorDash responded by adding new fees in 57 of the communities where the laws were passed. The NBC News report accelerated a...

https://s29755.pcdn.co/news/doordash-added-fees-are-necessary-to-ensure-service-pay-dashers