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DoorDash Wins NBA Partnership Deal, Pledges Support For Black-Owned Restaurants
Tuesday, August 18, 2020 - 3:31pm | 336Read More...Food delivery company DoorDash and the National Basketball Association jointly announced Monday a new multi-year marketing partnership. What Happened: DoorDash was named the Official On-Demand Delivery Platform of the NBA, WNBA and NBA 2K League as part of the partnership. The announcement...
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Fintech Focus For August 10, 2020
Sunday, August 9, 2020 - 9:22pm | 2244Read More...Daily Perspective: Only the paranoid survive. - Andy Grove Fintech Movers: Goldman Sachs is seriously considering its own cryptocurrency, possibly a stablecoin, as it significantly expands its digital assets team and appoints a new head to spearhead efforts. - Coindesk Capital markets DLT on cusp...
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DoorDash's New Convenience Store Initiative: What We Know
Thursday, August 6, 2020 - 10:57am | 332Read More...Food delivery platform DoorDash announced DashMart Wednesday, a digital convenience store initiative. What Happened: DoorDash said it considers itself to be a "critical lifeline" to the members it serves and strives to find new products and services in high demand. Back in April,...
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Could Chicken Wings Save Brinker International?
Tuesday, August 4, 2020 - 4:25pm | 667Read More...When you think of Brinker International (NYSE: EAT), owner of the Chili’s and Maggiano’s chains, chicken wings aren’t the first food item that likely come to mind. Instead, it’s the fajitas at Chili’s and the numerous Italian dishes at Maggiano’s. Facing...
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Uber Buying Postmates In All-Stock Deal Valued At $2.65B: Report
Monday, July 6, 2020 - 4:03am | 314Read More...Uber Technologies Inc (NYSE: UBER) is acquiring Postmates Inc, an online food delivery service, for $2.65 billion in an all-stock deal. What Happened The deal will be announced Monday morning, according to the sources of Bloomberg. It is expected that the vice president of Uber Eats, Pierre-Dimitri...
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California Attorney General To Ask Judge To Classify Lyft, Uber Drivers As Employees
Thursday, June 25, 2020 - 3:07am | 392Read More...California Attorney General Xavier Becerra will request a preliminary injunction on Thursday to change the status of Uber Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) drivers to employees. What Happened California passed a law in January, which makes it harder for companies offering...
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DoorDash Sued For Flouting Gig-Worker Law
Wednesday, June 17, 2020 - 7:05am | 435Read More...In a complaint filed before a California court, Chesa Boudin, District Attorney for San Francisco, alleged DoorDash was in violation of the state law, which forbids companies from classifying employees as independent contractors. What Happened A California law that requires firms to label gig-...
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5 Ways To Earn Money From Home As A Self-Employed Worker
Tuesday, May 19, 2020 - 12:08pm | 814Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The COVID-19 pandemic has brought financial anxiety to an all-time high for America’s workforce, jeopardizing the incomes of...
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Uber Eats, GrubHub, Others Sued For Hiking Fees Charged To Restaurants For Deliveries During Pandemic
Tuesday, April 14, 2020 - 4:57am | 408Read More...Food delivery companies are facing a proposed class action lawsuit for hiking fees charged to restaurants during the novel coronavirus (COVID-19) pandemic, Reuters reported Monday. What Happened The lawsuit filed Monday alleges that Uber Technologies Inc. (NYSE: UBER) subsidiary Uber Eats, GrubHub...
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Uber, Lyft Workers Demand Paid Sick Leave As Coronavirus Cases Grow
Wednesday, March 11, 2020 - 1:18am | 463Read More...Gig economy companies such as Uber Inc. (NYSE: UBER) and Lyft Inc. (NASDAQ: LYFT) have put in place measures to protect their workers from the impact of the coronavirus. What Happened The ride-sharing companies plan to compensate drivers who have been infected for up to 14 days. Other...
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Uber Eats, GrubHub Competitor DoorDash Files For IPO
Friday, February 28, 2020 - 2:35am | 300Read More...Food delivery company DoorDash confidentially filed to go public with the Securities and Exchange Commission, it announced Thursday. What Happened The company didn't reveal how many shares it will offer as part of the initial public offering or at what price if its filing is approved by...
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DoorDash, Postmates, Uber Eats All 'Discussed Merging In Various Combinations,' WSJ Says
Tuesday, February 18, 2020 - 4:17pm | 417Read More...Food delivery companies DoorDash, Postmates and Uber Technologies Inc (NYSE: UBER) all held some form of merger discussion in 2019, according to The Wall Street Journal's sources. Since none of the talks among the three food delivery players resulted in any combination, the companies...
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Popeyes, DoorDash Launch Partnership With Free Chicken Sandwich Offer
Monday, January 13, 2020 - 11:50am | 435Read More...Free food always tastes better, and no one knows this better than Popeyes. The Restaurant Brands International Inc (NYSE: QSR)-owned chain is offering a free chicken sandwich combo meal through Sunday as part of a partnership with DoorDash. The Popeyes, DoorDash Partnership Popeyes and...
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The Street Serves Up Its Take On GrubHub's Potential Strategic Review
Thursday, January 9, 2020 - 3:36pm | 674Read More...Shares of food delivery company GrubHub Inc (NYSE: GRUB) spiked nearly 20% on Wednesday following a report the company is exploring strategic alternatives, including a potential sale of itself. A few sell-side analysts weighed in on M&A possibilities and potential antitrust concerns. The...
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GrubHub Spikes Higher On M&A Report
Wednesday, January 8, 2020 - 2:40pm | 258Read More...GrubHub (NYSE: GRUB) is considering a possible sale of the company or an acquisition due to increased competition in the food delivery sector and decline in its shares, according to The Wall Street Journal, citing people familiar with the matter. GrubHub has reportedly tapped financial advisers to...















