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Alibaba Could Suffer Fallout As Top Rival Plans Foray In Food Delivery Service
Friday, June 17, 2022 - 4:01am | 372Beijing-headquartered e-commerce giant JD.com Inc (NASDAQ: JD) is mulling a possible foray into the food delivery business, posing an intense competition for its Chinese peers Meituan (OTC: MPNGF) and Alibaba Group Holding Ltd (NYSE: BABA). What Happened: JD Retail CEO Xin Lijun, in an...
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Taco Bell Launches Defy Concept: How The Fast Food Brand Is Innovating With Drive-Thru Experiences
Monday, June 6, 2022 - 1:00pm | 561Fast food giant Taco Bell is launching its “Taco Bell Defy” restaurant on Tuesday, June 7. Here is what makes this new restaurant stand out. What Happened: First announced last year, the new Brooklyn Park, Minnesota Taco Bell location opens June 7 and is the first “Taco Bell...
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Why DoorDash Is More Than A COVID Story, Still In Early Innings: 3 Analysts React To Q1 Earnings
Friday, May 6, 2022 - 4:05pm | 503Food delivery company DoorDash Inc (NYSE: DASH) reported quarterly earnings Thursday after the market close. Here’s what analysts had to say about the company’s latest earnings report. The DoorDash Analysts: Morgan Stanley analyst Brian Nowak has an Equal Weight rating on DoorDash and a...
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Planes, Trains And Automobiles: Could Uber Create A Super App For Travel?
Wednesday, April 6, 2022 - 1:27pm | 805A leading ridesharing and mobility company has intentions to offer additional transportation options to its customers, with plans to launch a super app for travel. Here’s the latest. What Happened: Ridesharing company Uber Technologies Inc (NYSE: UBER) offers vehicle transportation, food...
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DoorDash Q4 Earnings Highlights: Revenue Up 34%, 25M MAUs, Stock Surges
Wednesday, February 16, 2022 - 6:00pm | 374DoorDash Inc (NASDAQ: DASH) reported fourth quarter and full fiscal year earnings after market close Wednesday. Here are the key highlights for investors. What Happened: DoorDash reported fourth-quarter revenue of $1.3 billion, up 34% year-over-year. The total beat the consensus estimate of $1.28...
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7 Potential IPOs In 2022: Discord, OpenSea, Impossible Foods And More
Wednesday, December 29, 2021 - 12:14pm | 1441The IPO market saw record listings and capital raised in 2021. Several well-known big name companies joined the public markets in 2021, while other private companies delayed their listings or chose to raise private capital instead. Several carryovers from 2021 could go public in 2022m along with...
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Order Food Delivery With GrubHub To Earn Free Bitcoin: Here's The Details
Wednesday, December 1, 2021 - 7:02pm | 864A food delivery company is offering a new incentive to try to gain market share in the highly competitive market: free Bitcoin. What Happened: Bitcoin (CRYPTO: BTC) rewards company Lolli announced a partnership with food delivery company Grubhub, a unit of Just Eat Takeaway.com. NV - ADR (...
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Can DoorDash Reach All-Time Highs? Option Analysis
Thursday, November 11, 2021 - 5:47pm | 408DoorDash Inc (NYSE: DASH) posted an earnings beat after-hours on Tuesday, rallying an impressive 25% an hour after the earnings were reported. What Happened: While there was a mild pullback on Wednesday, this Thursday has seen the stock rally again, albeit on lower volume. The stock is up more than...
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5 Food Stocks To Watch Ahead Of This Week's Earnings: DoorDash, Wendy's And More
Monday, November 8, 2021 - 7:46pm | 964The COVID-19 pandemic has been a business-changing event for the restaurant industry and food-related businesses. With the reopening trade providing a lift to some businesses, food stocks could be under watch this week with some that saw business boosts during the pandemic and some that had harder...
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Loup Sees 'Land Grab' Among Food Delivery Companies: What Investors Should Know
Friday, October 8, 2021 - 10:44am | 606If you’ve ordered food delivery, chances are you’ve seen different prices than what the restaurants charge in the physical locations. You also may have seen several promotions incentivizing you to place your order. These items were discussed by Loup Funds in the firm's take on...
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NYC Legislation Establishes Minimum Payment Per Trip For Delivery Drivers
Friday, September 24, 2021 - 12:16pm | 1361New York City is quickly becoming one of the front lines in the battle for gig worker protections. In May 2020, the city enacted commission caps on third-party delivery services, limiting the amount they could charge partnering restaurants to 15% in an effort to help them weather the economic...
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Skip The Concession Lines At NFL Stadiums Thanks To GrubHub And This Other Company
Friday, September 24, 2021 - 10:16am | 555If you hate waiting in long lines at professional sports stadiums, Thursday’s news from the Washington Football Team might be music to your ears. What Happened: The Washington Football Team partnered with GrubHub, owned by Just Eat Takeaway.com NV-ADR (NASDAQ: GRUB), in a deal that...
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Food Delivery Companies In NYC Face Permanent Commission Cap
Friday, August 27, 2021 - 1:51pm | 1184The gig economy is slowly but steadily becoming a nationwide battleground. Uber and Lyft, two of the industry's power players, made headlines last month when a number of their drivers across the country took to the streets in protest, bringing national attention to what the protesters consider low...
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Digging Into The Food Biz Podcast — The Stockout
Monday, August 23, 2021 - 1:26pm | 264The New York Shipping Exchange (NYSHEX) is supporting the transformation of container shipping by solving inefficiencies associated with booking downfalls and shipment rollings. To learn more visit nyshex.com Mike Baudendistel is getting his fill of food on this episode of The Stockout. He...
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McDonald's Could Capitalize On Tesla's Largest U.S. Supercharger Location: Here's How And Why It Matters
Sunday, August 22, 2021 - 10:34am | 483Charging an electric vehicle is a necessary task for those who drive them frequently during the day or week. While charging the vehicle at a public charging station, owners have some time to kill, which could lead to going shopping or eating a meal. What Happened: The largest Supercharger location...