Doug covers topics from a national angle including politics, consumer issues, stories that cross borders, and news that catches the attention of U.S. lawmakers.
Mobile delivery platform DoorDash said Wednesday the company"executed well" in its first fiscal quarter of 2024 as demand for grocery delivery and in the delivery retail sector as a whole continues to climb. The company improved on its net loss compared to the same time a year ago as total orders increased by 21% year-over-year, the company said in an earnings report. Food and Drink
Companies like DoorDash have found success by partnering with other retailers. Members of the popular Amazon Prime delivery subscription are offered 12 months of DashPass for free. The premium level for DoorDash's service usually costs members $9.99 per month. Increases in the price of owning a car could also contribute to higher demand for delivery of items from brick and mortar stores. A March report fromForbes highlighted consumer shock in states across the country as car owners reported receiving car insurance renewal notices with ever higher rates. An assessment by Forbes Advisor found that car insurance rates across the U.S. were averaging around $2,118 annually.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DoorDash delivering groceries from Northern Illinois Food Bank to families in needThose who get their food bank orders delivered don't have to pay for delivery. The drivers are paid by the food bank and through a grant from DoorDash.
Read more »
Stocks making the biggest moves after hours: eBay, Qualcomm, DoorDash, Carvana and moreThese are the stocks posting the largest moves in after-hours trading.
Read more »
DoorDash stock tumbles 10% after mixed Q1 printDoorDash stock tumbles 10% after mixed Q1 print
Read more »
DoorDash posts better-than-expected Q1 sales as US grocery demand growsDoorDash has reported higher-than-expected revenue in the first quarter, as strong growth in U.S. grocery orders helped make up for slowing restaurant demand.
Read more »
DoorDash posts better-than-expected Q1 sales as US grocery demand growsDoorDash has reported higher-than-expected revenue in the first quarter, as strong growth in U.S. grocery orders helped make up for slowing restaurant demand.
Read more »
DoorDash posts better-than-expected Q1 sales as US grocery demand growsDoorDash has reported higher-than-expected revenue in the first quarter, as strong growth in U.S. grocery orders helped make up for slowing restaurant demand. The San Francisco-based delivery company said Wednesday its revenue rose 23% to $2.51 billion in the January-March period. That was higher than Wall Street was expecting.
Read more »