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DoorDash’s $300 Million Grubhub Deal Opens a New Venue-Commerce Opportunity
Insider Monkey1d agoneutral
DoorDash’s $300 Million Grubhub Deal Opens a New Venue-Commerce Opportunity

DoorDash, Inc. (NASDAQ:DASH) is acquiring Wonder’s Grubhub Campus Dining business for $300 million and investing another $125 million in Wonder’s Series D. The campus business operates at more than 450 colleges and universities, allowing students to order from campus dining facilities, pay with dining dollars, and schedule pickup. DoorDash plans to expand the technology beyond […]

Wendy's (WEN) Leans On Pop Culture, Is The 12% Undervalued View Enough?
Simply Wall St.2d agoneutral
Wendy's (WEN) Leans On Pop Culture, Is The 12% Undervalued View Enough?

Wendy's (WEN) is leaning into pop culture with the launch of Lisa Barlow's Baby Gorgeous Meal, a limited-time app and DoorDash exclusive tied to Real Housewives fandom. For investors watching the ticker rather than the TV tie-in, Wendy's share price has pulled back sharply, with a 1-day share price return of down 5.76% and a 30-day share price return of down 18.45%. However, the 90-day share price return is up 3.38%, while the 1-year total shareholder return is down 21.02% and the 5-year...

DoorDash and Uber Eats to offer delivery from US Costco stores
Associated Press3d agoneutral
DoorDash and Uber Eats to offer delivery from US Costco stores

Costco said Thursday it's partnering with DoorDash to offer delivery from its U.S. warehouse stores. DoorDash already offers Costco delivery in a few markets, including Australia, Sweden and Puerto Rico. DoorDash said it will deliver groceries, household items and electronics from all of Costco’s U.S. stores.

DoorDash to Acquire Wonder’s Grubhub Campus Dining Business, Invest $125M in Company
QSR3d agoneutral
DoorDash to Acquire Wonder’s Grubhub Campus Dining Business, Invest $125M in Company

DoorDash, and Wonder announced a strategic partnership. Under the agreement, DoorDash will acquire Wonder’s Grubhub Campus Dining business. In addition, DoorDash made a long-term investment in Wonder as part of its Series D round. Grubhub Campus Dining, formerly known as Tapingo, enables millions of students to order a meal from campus dining facilities and on-campus […]

Is Uber Stock Cheap, Or Is The Cash Already Spent?
Trefis8d agoneutral
Is Uber Stock Cheap, Or Is The Cash Already Spent?

Uber Technologies (UBER) generates free cash flow worth 6.8% of its market value a year, against 4.5% for the median S&P 500 company. A gap that wide usually points to a business the market expects to shrink. Uber is not shrinking; revenue grew 16.7% over the trailing twelve months. So the question is who gets the cash.