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Home Depot (HD) Stock Could Be 7% Overvalued Following Gig Delivery Cost Questions
Simply Wall St.2h agoneutral
Home Depot (HD) Stock Could Be 7% Overvalued Following Gig Delivery Cost Questions

Home Depot has seen its share price slide over the past year, and that pullback puts the spotlight squarely on a simple question for investors who care about valuation: whether the current market price still lines up with the cash the business is expected to generate. The stock story has become less about momentum and more about what its cash flows can justify. Over the past 12 months, Home Depot shares have fallen 25.5%, which puts recent buyers and long term holders in the same place,...

DoorDash Agrees to $131.5 Million Settlement Over Worker Pay
QSR8h agoneutral
DoorDash Agrees to $131.5 Million Settlement Over Worker Pay

DoorDash agreed to pay $131.5 million to settle allegations that it underpaid or delayed payments to hundreds of thousands of delivery workers in New York City. The city’s Department of Consumer and Worker Protection described the agreement as the largest worker settlement in New York City history and the largest involving food delivery workers in […]

Costco Wholesale (COST) Could Be 16% Below Fair Value On DoorDash Delivery Rollout
Simply Wall St.15h agoneutral
Costco Wholesale (COST) Could Be 16% Below Fair Value On DoorDash Delivery Rollout

Costco Wholesale (COST) has just taken its DoorDash partnership nationwide, putting same day delivery from every U.S. warehouse a tap away. That shift gives investors a fresh lens on this membership driven retailer. Against this rollout, Costco Wholesale’s 1-day share price return of 0.59% and 7-day gain of 1.23% sit alongside a 30-day share price decline of 6.87%, while the 1-year total shareholder return is down 3.73% but remains strongly positive over three-year and five-year...

DoorDash Consolidates Global Media With WPP
MediaPost2d agoneutral
DoorDash Consolidates Global Media With WPP

The appointment follows a formal review and extends WPP Media's longtime relationship with DoorDash in the U.S., Canada, Australia and New Zealand to more than 40 markets worldwide. The remit includes DoorDash brands Deliveroo and Wolt.

‘We Screwed Up’: DoorDash Stock Rises After Admitting It Underpaid Tipped Workers
Barrons.com2d agoneutral
‘We Screwed Up’: DoorDash Stock Rises After Admitting It Underpaid Tipped Workers

Food delivery service DoorDash has settled a dispute with New York City over claims it underpaid its tipped workers. Investors are likely breathing a sigh of relief that the company settled the matter for the relatively modest total amount of $131.5 million, most of which goes directly to the workers who were underpaid or paid late. More than 200,000 Dashers, as the firm’s delivery workers are called, will receive the payments.

DoorDash Retains Lowest-Cost Delivery Position Despite Fee Increases, Wells Fargo Finds
InvestorsHub2d agoneutral
DoorDash Retains Lowest-Cost Delivery Position Despite Fee Increases, Wells Fargo Finds

DoorDash (NYSE:DASH) remained the lowest-cost third-party delivery provider in the third quarter, according to a Wells Fargo pricing survey released on Tuesday, despite recording the largest quarterly fee increase among the platforms compared. The survey found that DoorDash’s total basket costs were approximately 2% below those of Uber (NYSE:UBER) and Instacart, even as its fees increased 3.

What Does Costco Wholesale (COST) Nationwide Same Day Delivery Mean For Members?
Simply Wall St.2d agoneutral
What Does Costco Wholesale (COST) Nationwide Same Day Delivery Mean For Members?

Costco Wholesale (NasdaqGS:COST) has rolled out nationwide same-day delivery across the U.S. through DoorDash for its members. The expanded arrangement now covers all U.S. Costco warehouses, giving shoppers access to thousands of items for rapid fulfillment. DoorDash will handle orders placed via its app and website. These orders are sourced from nearby Costco locations and sent to customers. The nationwide same-day delivery expansion with DoorDash is a key move that needs weighing against...

Costco Is Now on DoorDash Nationwide
Benzinga3d agoneutral
Costco Is Now on DoorDash Nationwide

DoorDash Inc. expanded its retail and sports presence Thursday with a nationwide Costco rollout and a multiyear partnership with the National Hockey League. The two deals broaden DoorDash’s reach beyond restaurant delivery. They also strengthen its push into retail commerce...

Priced By the People: inDrive CFO on Scaling Affordable Mobility
Exec Edge3d agoneutral
Priced By the People: inDrive CFO on Scaling Affordable Mobility

By Exec Edge Editorial Staff inDrive built its business on a bet that drivers and riders would want to set their own prices, reflecting the company’s broader mission to challenge injustice by giving people a fair choice instead of leaving that decision to an algorithm. Operating in over 45 countries and more than 1,200 cities, […] The post Priced By the People: inDrive CFO on Scaling Affordable Mobility appeared first on ExecEdge.

Star Stop adds third-party delivery
C-Store Dive3d agoneutral
Star Stop adds third-party delivery

The retailer partnered with Lula Commerce to offer products from select c-stores on DoorDash, Uber Eats and Grubhub, with more locations expected to come online in the future.

DoorDash (DASH) Becomes Official On Demand Delivery Partner Across North America
Simply Wall St.4d agoneutral
DoorDash (DASH) Becomes Official On Demand Delivery Partner Across North America

DoorDash (NasdaqGS:DASH) has been named the Official On Demand Delivery and Pick Up Partner of the NHL across North America. The multiyear agreement covers both the United States and Canada and includes exclusivity within the on demand delivery category. DoorDash branding will appear during nationally televised NHL games, major league events and across league digital platforms throughout the season. Co branded promotions are scheduled to run during the regular season and the Stanley Cup...