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DoorDash (DASH) Takes To The Skies As Uber (UBER) Eyes Drones Too
Insider Monkey6d agoneutral
DoorDash (DASH) Takes To The Skies As Uber (UBER) Eyes Drones Too

On July 29, DoorDash (NASDAQ:DASH) launched DoorDash Air, its own in-house drone delivery program, after clearing a Federal Aviation Administration certification to fly commercial drone deliveries across the US. It is the clearest signal yet that DoorDash wants control over how food and goods move, not just who delivers them. The question for investors is […]

DoorDash launches in-house drone delivery program after FAA certification
Reuters14d agoneutral
DoorDash launches in-house drone delivery program after FAA certification

DoorDash on Wednesday launched its in-house drone-delivery program, DoorDash Air, after ‌securing a U.S. Federal Aviation Administration certification ‌to operate commercial drone deliveries in the U.S. The move marks ​the food-delivery company's push into autonomous delivery as it looks to reduce reliance on human couriers and expand its logistics network. • ‌The program was ⁠developed by DoorDash Labs, its robotics and autonomy unit, and will eventually be ⁠integrated into its delivery app, according to a TechCrunch report.

Investing.com14d agoneutral
DoorDash secures FAA approval to launch in-house commercial drone service

Investing.com -- DoorDash (NYSE: DASH) is taking to the skies. The logistics leader announced today that it has received Part 135 air carrier certification from the Federal Aviation Administration (FAA), clearance that authorizes the company to commercially operate its own autonomous drone fleet. The new service, dubbed DoorDash Air, was engineered entirely in-house by DoorDash Labs, the company’s internal robotics and autonomy division. To earn the elite designation—held by only seven other ope

DoorDash Takes to the Sky With Its Own Drones
The Wall Street Journal14d agoneutral
DoorDash Takes to the Sky With Its Own Drones

DoorDash for years has rushed online orders from burritos to cold medicine to customers’ homes via bike couriers and drivers. Now the delivery provider is adding a new mode of transport: air. DoorDash on Wednesday said it has secured a key certification from the Federal Aviation Administration to make commercial deliveries using drones.

Bloomberg29d agoneutral
Uber Is Said to Be In Advanced Talks on Delivery Hero Takeover

(Bloomberg) -- Ride-hailing giant Uber Technologies Inc. is in advanced talks to acquire German food-delivery company Delivery Hero SE, people familiar with the matter said.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatDisney Exiting Streaming Could Spur 40% Rally: Wells FargoU

​DoorDash (DASH) Down 21% YTD, Should You Buy?
Insider Monkey48d agobullish
​DoorDash (DASH) Down 21% YTD, Should You Buy?

​DoorDash, Inc. (NASDAQ:DASH) has declined more than 21% year-to-date, mainly due to investors worrying that the rising inflation and lower disposable income can impact consumer spending and increase delivery margins to impact DoorDash’s business. ​However, the Street remains positive on a recovery as the analysts’ 12-month average price target suggests more than 44% upside from […]

Pizza Has Gone Cold. Domino’s Is Still Worth a Look.
The Wall Street Journal48d agoneutral
Pizza Has Gone Cold. Domino’s Is Still Worth a Look.

Pizza chains once owned a reliable American ritual: a sit-down dinner under a red-roofed Pizza Hut or a predictable Domino’s delivery on a lazy TV night. The growing American appetite for chain pizza made Domino’s Pizza one of the best restaurant stocks to own for decades.

DoorDash, Instacart face critical FTC fight over consumer fees
TheStreet66d agoneutral
DoorDash, Instacart face critical FTC fight over consumer fees

Ordering through platforms like DoorDash or Uber Eats costs nearly 80% more on average than picking up, a LendingTree study found. Service fees, delivery charges, and inflated menu prices all add up on the final bill, often without a clear explanation of where each dollar goes. The Federal Trade ...