DoorDash reports first-ever quarterly profit, revenue beats estimates
Your Personal Navigator in the Ever-Evolving World of Food Delivery
Week 28/10/2024

🍕 Food Delivery
DoorDash reports first-ever quarterly profit, revenue beats estimates. DoorDash Inc reported its first-ever quarterly profit as a public company and beat revenue expectations for the third quarter of 2024 (Yahoo Finance).
Deliveroo launches online retail arm in Singapore to expand non-food delivery offering. Deliveroo, a delivery platform, has launched ‘Deliveroo Shopping,’ its online retail arm that expands delivery options to include non-food needs (Marketech Apac).
Swiggy fined Rs 35,000 for ‘going the extra mile’ in delivery charges. A Telangana court has ordered food delivery platform Swiggy to issue a refund and compensation, and to stop such practices (Business Standard).
How long should food delivery take? It takes less than 30 minutes for the average American to get frustrated when waiting for their food to arrive after placing an order for delivery, according to new research (SWNS).
Brighton residents order the most oat milk on Deliveroo. Research by Deliveroo has revealed that people in Brighton order more oat milk and dairy alternatives than any other city in the UK (The Argus).
‘Swiggy quick-commerce may beat food delivery business’. Swiggy’s IPO is set to launch on November 6, marking the second-largest public issue this year in India (Times of India).
Chicken wings and whole cucumbers top trending food deliveries of 2024. Chicken wings, Caesar salads and a whole Waitrose cucumber are the UK’s top trending food deliveries of this year, according to Deliveroo (Aol).
DoorDash stock gains momentum as grocery and international orders surge. On Thursday, Oppenheimer adjusted its outlook on DoorDash Inc. raising the price target to $180 from the previous $165, while maintaining an Outperform rating on the stock (Investing.com).
Hottest
Wolt CEO: ‘We always thought that we would evolve to become more like a bank’.
Want to read more?
Why Grab Wants to Acquire Indonesia’s GoTo for $7 Billion?
If successful, the deal will create a ride-hailing and delivery giant that would dominate Southeast Asian markets
Domino’s® and DoorDash Announce Partnership.
World’s Largest Pizza Company to Join Largest Local Commerce Platform in North America; Orders on DoorDash’s Marketplace will be delivered by Domino’s drivers.
Rappi launches WhatsApp channel with exclusive promotions.
Rappi launches WhatsApp channel with exclusive promotions.
WhatsApp reached 3.2 billion users in 2024 and is now the channel where Rappi launches exclusive promotions. Rappi, the leading technology platform in Latin America, announces the launch of its new WhatsApp channel in Mexico, a strategy that seeks to offer users immediate access to exclusive promotions and fun content.
Our team of food delivery experts is all about results.
Contact us
Please choose one of the options below.
Connect with our experts
We’ll help you find the right products and pricing for your business.
Get support with your order
Our support center is here to assist you with e-shop order and product issues.
Let’s meet
Enter your contact info and we’ll connect you with the right person.