DoorDash Marketplace

DoorDash has an automation arm: DoorDash Labs

DoorDash adds a new robotics and automation arm, DoorDash Labs

In the wake of supply chain disruptions brought about by the COVID-19 pandemic and a host of other factors, companies have learned that technology and logistics are now essential to running a business. Larger companies like Amazon and Walmart have set a new precedent, establishing their own technology and logistics arms to keep up with the rapidly changing world of commerce.

Add DoorDash (NYSE: DASH) to that group. The food delivery platform announced on Thursday a project that it’s kept behind...

https://www.freightwaves.com/news/doordash-has-an-automation-arm-doordash-labs

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

First in line: Bed Bath & Beyond joins DoorDash Marketplace

In May, Bed Bath & Beyond announced an agreement with DoorDash (NYSE: DASH) to provide same-day delivery. It is now taking the next step to market its goods with the delivery provider – joining DoorDash Marketplace.

Bed Bath & Beyond (NASDAQ: BBBY) said it is the first home goods retailer to make its products available on the marketplace, which allows customers to order items directly through doordash.com or through the DoorDash app. Typically used by restaurants, DoorDash is expanding its...

https://www.freightwaves.com/news/first-in-line-bed-bath-beyond-joins-doordash-marketplace