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DoorDash served as the presenting sponsor for the National Restaurant Association's new research report on the future of restaurant technology.
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Lyft has introduced 'Lyft Go,' a new membership program that provides riders with credits applicable toward DoorDash orders, expanding the existing partnership between the two companies.
Rothschild & Co Redburn has updated its outlook on DoorDash, Inc., lowering the price target and changing the stock rating.
DoorDash announced that CEO Tony Xu will participate in a fireside chat at the upcoming TomorrowX Summit in Austin, Texas.
Grab Holdings surged 9% after reporting Q3 revenue above estimates and raising full-year 2026 guidance. The Southeast Asian super-app achieved profitability across all three segments (mobility, delivery, fintech) for the first time, with revenue up 27% and adjusted EBITDA soaring 73%. Despite a $60 million breakup fee from a canceled Taiwan acquisition, the company's strong cash position and improving margins position it as an attractive growth stock.
DoorDash repurchased 6.8 million shares of Class A common stock for $1 billion under its existing authorization.
Multiple financial institutions, including Wedbush, Wells Fargo, Needham, and Scotiabank, have updated their price targets for DoorDash following the company's Q3 earnings report and the announcement of its acquisition of Instacart.