Food delivery

Who orders $2,900 worth of perfume on DoorDash? That and other fun delivery trends from 2021

DoorDash release 2021 ordering trends

As vaccines became readily available and Americans looked to return to office spaces, travel and entertainment, DoorDash (NYSE: DASH) reported a huge surge in orders of shampoo and conditioner.

Once again, grooming became important.

The delivery firm recently released results of its Deep Dish Report, a midyear look at how consumer purchasing and life habits have changed so far in 2021 by analyzing order information on the DoorDash platform from Jan. 1 through June 1.

“2020 was a year filled with...

https://www.freightwaves.com/news/who-orders-2900-worth-of-perfume-on-doordash-that-and-other-fun-delivery-trends-from-2021

Mizuho: Little chance of federal gig worker regulation

While Uber (NYSE: UBER), Lyft (NASDAQ: LYFT), DoorDash (NYSE: DASH) and Grubhub (NYSE: GRUB) have significant exposure to potentially dramatic regulatory changes to the employment classification of the drivers critical to their operations, Mizuho Securities USA is not ready to issue a sell rating on the companies just yet.

In fact, the investment house, part of Japan-based Mizuho Securities, a wholly owned subsidiary of Mizuho Financial Group, believes there is upside to Uber and Dash and little...

https://www.freightwaves.com/news/mizuho-little-chance-of-federal-gig-worker-regulation

Food delivery gets fancy — Point of Sale

Point of Sale header

This episode is sponsored by ArcBest. ArcBest is more than logistics. Whatever you do, whatever you ship, ArcBest makes it easier for you to do business. ArcBest combines reliable capacity, innovative technology and trusted relationships to take the complexity out of your supply chain and keep your shipments moving. That’s what makes ArcBest more than logistics.

Between Uber Eats, GrubHub, Instacart and more, there is no shortage of food or grocery delivery services, but what about optimizing...

https://www.freightwaves.com/news/food-delivery-gets-fancy-point-of-sale

What if there are no gig drivers?

Rideshare companies looking for drivers

“I’m so over hour long waits in the city for Uber eats, because they say they can’t find a delivery driver. Ummm if your whole business model is based on delivery and your demand is exceeding supply, maybe pay your drivers more? Just a hunch.”

That tweet from @thisari88 on Saturday perfectly sums up the frustration that has been percolating through social media accounts in recent weeks as Uber (NYSE: UBER), Lyft (NASDAQ: LYFT), DoorDash (NYSE: DASH) and the rest of the app-based gig companies...

https://www.freightwaves.com/news/what-if-there-are-no-gig-drivers

Oklahoma law exempts delivery services from trucking regulations

An exemption for local delivery companies – including food delivery platforms and Amazon Flex drivers – from regulations generally used to regulate trucking companies in the state of Oklahoma has been signed into law.

The bill, the Oklahoma Courier Application Services Act, was proposed by Republican Sen. Micheal Bergstrom. It passed both chambers in Oklahoma and was signed by Gov. Kevin Still earlier this month. The law goes into effect Nov. 1.

“Delivery services like Uber Eats, DoorDash,...

https://www.freightwaves.com/news/oklahoma-law-exempts-delivery-services-from-trucking-regulations

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 exceeds projections in Q1 earnings, stock rises after hours

In its first earnings statement as a public company, issued on Feb. 25, DoorDash (NYSE: DASH) did not impress investors, despite setting quarterly records for total orders, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), and market share. A doubling of the quarterly loss over Q4 2019 soured analysts.

In its second try as a public company Thursday, DoorDash again set quarterly records for total orders and marketplace gross order value (GOV), achieved an all-time...

https://www.freightwaves.com/news/doordash-exceeds-projections-in-q1-earnings-stock-rises-after-hours

WoodSpoon serving up home-cooked meals in NYC

WoodSpoon delivering up home cooked meals

Thaddeus Elias Decaprio loves to cook. The 2015 culinary school graduate spent three years working in New York City-area restaurants before returning to school to obtain a master’s degree and turning to nonprofit work.

Then COVID-19 hit. It shut down New York City’s restaurant scene. The Syrian-Italian chef found an outlet.

“I turned back to food and heard about WoodSpoon,” he told Modern Shipper. “There were always things I wanted to cook but there wasn’t a market for it.”

WoodSpoon offers...

https://www.freightwaves.com/news/say-goodbye-to-ghost-kitchens-and-hello-to-home-cooked-meals

Minnow lands $3M to expand Pickup Pod delivery station

Food delivery in urban areas, on college campuses and in office complexes can be problematic, with nowhere for delivery drivers to leave the items, forcing them to wait for the consumer to come to the pickup location. During times of COVID, it was also not contactless.

Seattle-based Minnow Technologies has developed a solution to solve this problem, allowing for contactless delivery and keeping delivery people moving rather than waiting. The Minnow Pickup Pod can be used anywhere food is...

https://s29755.pcdn.co/news/minnow-lands-3m-to-expand-pickup-pod-delivery-station

Uber, Just Eat CEOs trade Twitter barbs following Uber Eats German entrance

Uber Eats (NYSE: UBER) will enter the German market in the next few weeks, going head-to-head with Just Eat Takeway.com in that country for the first time. The CEOs of both firms are now trading barbs on Twitter.

The news was first reported by the Financial Times.

“Europe in particular has been a bright spot for [Eats], both in terms of some of the growth we’ve seen, but also, frankly, in terms of the strengthening of our market position,” Pierre-Dimitri Gore-Coty, Uber’s senior vice president of...

https://s29755.pcdn.co/news/uber-just-eat-ceos-trade-twitter-barbs-following-uber-eats-german-entrance

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