Category: DoorDash
Airbnb, DoorDash report earnings as COVID threatens to slow the IRL economy (again)
Home-stay giant Airbnb and on-demand delivery concern DoorDash reported their quarterly results today after the bell. Both companies were heavily impacted by the onset of COVID-19. Airbnb saw its revenues collapse in 2020 during early lockdowns, leading the company to raise expensive capital and batten its hatches. The company recovered…
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Gig companies take worker classification fight to Massachusetts through ballot initiative
A coalition of app-based ride-hailing and on-demand delivery companies including Lyft, Uber, Doordash and Instacart have filed a petition for a ballot initiative in Massachusetts that would keep gig economy workers classified as independent contractors as the industry takes a fight it won in California on the road. The ballot…
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What to make of Deliveroo’s rough IPO debut
Do European investors put a premium on corporate ethics? Alex Wilhelm 7 hours Deliveroops. After a lackluster IPO pricing run, shares of Deliveroo are lower today, marking a disappointing debut for the hot delivery company. A good question to ask at this juncture is why Deliveroo struggled with its IPO…
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Does SoftBank have 20 more DoorDashes?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. This week felt oddly comforting from a tech news perspective: Facebook is copying something, early-stage startup data is flawed enough to…
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How to find your next VC
I presume that by now you are caught up on all things DoorDash IPO (pricing, trading, the future), C3.ai (pricing, trading, the future), and Airbnb (pricing, trading). What follows presumes you are read-up. To kick off Market Notes this weeks, some Market News: Braze has grown 60% during the first three quarters of its fiscal year. Sadly,…
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Early DoorDash investor Saar Gur makes the case for 10x growth from here
The stunning debut of the food delivery company DoorDash on the public market this week has plenty of people puzzled. While undeniably fast-growing, the unprofitable delivery company has come under fire numerous times over its employment practices, and its IPO, like that of other gig-economy companies, leaves a lot of…
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