Tag: DoorDash
SoftBank expects $24 billion in losses from Vision Fund, WeWork, and OneWeb investments
The Japanese technology conglomerate SoftBank Group said it would lose a staggering $24 billion on investments made through its Vision Fund and bets on the co-working real estate company, WeWork, and satellite telecommunications company, OneWeb. Ultimately, the company expects the losses to help generate a $7 billion total loss for…
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DoorDash is temporarily cutting small restaurant fees in half
DoorDash is reducing commissions for local restaurant partners by 50 percent in an effort to help businesses survive the COVID-19 crisis. The food delivery service says the program will benefit over 150,000 restaurants in the US, Canada and Australia… Source
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Let’s give tech philanthropists the benefit of the doubt on COVID-19
Scott Bade Contributor Scott Bade is a former speechwriter for Mike Bloomberg and co-author of “More Human: Designing a World Where People Come First.” More posts by this contributor How Huawei is dividing Western nations ‘A city where you can pilot almost anything and figure out if it’s going to…
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DoorDash now delivers from convenience stores
With the coronavirus pandemic pushing more and more Americans to self-isolate and stay inside, DoorDash is starting to deliver items from convenience stores. Starting today, the company is partnering with both national and regional chains across the… Source
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For Uber and Lyft, this week has been a wild ride
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Uber and Lyft have been on quite a ride this year. After enjoying modest gains earlier this year thanks to an improved profitability forecast from Uber, the two companies saw…
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The hidden cost of food delivery
Noah Lichtenstein Contributor Noah Lichtenstein is the founder and managing partner of Crossover, a diversified private technology fund backed by institutional investors, technology execs and professional athletes and entertainers. More posts by this contributor What Studying Students Teaches Us About Great Apps I’ll admit it: When it comes to food,…
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