Food Delivery

DoorDash Inc (NASDAQ:DASH) reported first-quarter financial results on Wednesday after market close. Here are the highlights. DoorDash Q1 Financials DoorDash reported first-quarter revenue of $4.04 billion, up 33% year-over-year. The revenue total missed a Street consensus estimate of $4.14 billion...

Uber Technologies (NYSE:UBER) on Wednesday expanded its collaboration with Block, Inc. (NYSE:SQ) to enhance restaurant operations and payment flexibility, adding pressure as broader markets edged lower. • Uber Technologies stock is trending lower. Why is UBER stock trading lower? The...

China's food-delivery crackdown isn't just about subsidies. It's about what replaces them when cheap money and discounts disappear. And that's where JD.Com Inc (NASDAQ:JD) looks nothing like Meituan (OTC:MPNGF). Track JD stock here. Meituan still relies on people—nearly 7 million riders, each...

Serve Robotics‘ (NASDAQ:SERV) stock price spiked on Thursday after an analyst initiated coverage along with a bullish rating and price target. A short report, also issued Thursday, highlights the risks and other side of the trade. Serve Robotics stock is showing exceptional strength. ...

An annual list of the fastest growing brands from Morning Consult shows consumers love DoorDash Inc (NASDAQ:DASH), artificial intelligence, TikTok and more. Here's a look at the lists and some trends that could excite investors. Fastest Growing Brands Morning Consult recently released its annual...

With the federal government shutdown leading to less economic data reports being shared with the public, a new savior may have emerged. Food delivery company DoorDash Inc. (NASDAQ:DASH) released a report showing price and inflation trends, and the White House is loving it. DoorDash State of Local...

China's Meituan (OTC:MPNGY) and JD.com (NASDAQ:JD) have experienced a major selloff, triggered by the battle to win the food delivery war in the country, resulting in the loss of over $100 billion combined in market value since late 2024. What Happened: Meituan and JD.com's Hong Kong-listed shares...

In a move to bolster its international footprint, DoorDash Inc. (NYSE:DASH) is on the brink of acquiring UK-based food delivery firm Deliveroo in a deal valued at $3.9 billion. What Happened: Deliveroo has given its nod to a takeover bid from DoorDash. The deal pegs...

In a strategic move, Alibaba Group Holding (NYSE:BABA) has advanced the rollout of its rapid-delivery service, Taobao Instant Commerce. This accelerates the rivalry with JD.com (NASDAQ:JD)and Meituan (OTC: MPNGY). What Happened: The service, initially slated for a May 6...

Uber Technologies Inc. (NYSE:UBER) announced that it will terminate its deal to acquire Delivery Hero’s Foodpanda in Taiwan after facing regulatory challenges. Here’s what Benzinga’s proprietary edge rankings show about the stock. What Happened: Uber signed the $950 million deal...

As DoorDash Inc.‘s (NASDAQ:DASH) user base exploded to 42 million monthly active users with order frequency at an all-time high, its grocery and retail vertical saw stellar growth along with the aforementioned metrics in the fourth quarter. What Happened: DoorDash’s customers were...

Instacart parent company Maplebear Inc (NASDAQ:CART) received an upgrade to Buy while also getting added to Needham’s conviction list on Monday as analysts expressed concern over increasing competition. What Happened: Needham analyst Bernie McTernan upgraded Maplebear from a Hold rating to a...

Taiwan’s Fair Trade Commission (FTC) has reportedly blocked Uber Technologies, Inc. (NYSE:UBER) $950 million acquisition of Delivery Hero’s Foodpanda business due to anti-competitive concerns. The merger, which was initially announced in May 2023, would have significantly increased Uber...

Former DoorDash Inc (NASDAQ:DASH) delivery workers are claiming they haven't been paid thousands of dollars in wages from past years and are seeking protection from deportation after Donald Trump's recent win in the 2024 election. What Happened: A group of 95 delivery workers claim they were not...

Leading mattress company Mattress Firm partnered with DoorDash Inc (NASDAQ:DASH) to help deliver "better sleep to college students" and add to the number of items you can now get from many food delivery companies. What Happened: DoorDash is best known as a food delivery company, which partners with...