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DoorDash (DASH) Shares Dropped, So What Is Driving Attention Now?
Simply Wall St.3d agobearish
DoorDash (DASH) Shares Dropped, So What Is Driving Attention Now?

DoorDash (DASH) is back in focus after agreeing to buy Wonder’s Grubhub Campus Dining unit for $300 million and investing $125 million in Wonder. This move reshapes its presence in higher education ordering. DoorDash shares have eased in the near term, with the 30-day share price return down 8.6% and the stock also declining year to date. However, the 90-day share price return of 19.7% and a very large 3-year total shareholder return of about 1.5x hint that longer term momentum has been...

DoorDash Profit Falls as Costs Offset Revenue Growth
The Wall Street Journal45d agobearish
DoorDash Profit Falls as Costs Offset Revenue Growth

The decline in profit was driven by higher costs of revenue from more orders, as well as increases in sales, marketing, and research and development expenses and other overhead costs, the company said.

Shopify (SHOP) Opens DoorDash To US Retailers With Direct Selling Integration
Simply Wall St.61d agobearish
Shopify (SHOP) Opens DoorDash To US Retailers With Direct Selling Integration

Shopify (NasdaqGS:SHOP) has launched a direct integration with DoorDash for US brick-and-mortar retailers. The new connection allows merchants to list and sell their in-store products on the DoorDash marketplace through the Shopify platform. Retailers can sync product catalogs and inventory in real time with minimal setup through a self-serve workflow. Shopify has built its business around giving merchants tools to sell across multiple channels, from online stores to social platforms and...