DoorDash is building a drone delivery business, including its own aircraft, as part of an effort developed by its robotics and autonomy team, which will eventually operate within the company's delivery app.
Delivery provider plans to build its own aircraft and an end-to-end aerial network.
Tony Xu says AI only partly helps DoorDash engineers. Xu said he wants to see AI integration across all departments, not just engineering.
DoorDash is changing its fee structure, the company said on Thursday. Service fees now vary more based on the size of your delivery order and how far it has to travel.
DoorDash's banking product for delivery drivers, DoorDash Crimson, now includes instant deposits powered by Astra's Payment Cloud. With this capability, DoorDash delivery drivers can use Visa Direct and Mastercard Send to add funds from external accounts in real time, Astra said in a Wednesday (July 22) press release.
DoorDash expands its merchant network through Shopify and Dollar Tree deals as competition and tech investments pressure margins.
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Uber said on Thursday that it would acquire Delivery Hero for nearly $15 billion. The deal is set to make Uber the largest food delivery company outside China.
Autonomous delivery is becoming an increasingly important part of the last-mile delivery ecosystem as companies look to improve speed, efficiency and the overall customer experience. Within this backdrop, Serve Robotics Inc. SERV and DoorDash, Inc. DASH are well positioned to benefit from the growing shift toward autonomous delivery solutions.
DoorDash (DASH) stands as the dominant delivery platform, boasting a 56% market share and robust international expansion via strategic M&A. DASH's expanding moat is reinforced by its three-sided marketplace, high DashPass adoption, and optionality to enter new verticals like reservations and travel. Despite regulatory and competition risks, DASH achieved profitability in 2024, with Q1 2026 revenue up 33% YoY and adjusted EBITDA rising 28%.
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DoorDash is rated a buy with a 12-month price target of $187.68, reflecting strong growth and undervalued long-term potential. Despite a Q1 revenue miss, DASH delivered 28% YoY adjusted EBITDA growth and robust GOV increases, even excluding Deliveroo. Integration of Deliveroo, tech stack unification, and expansion into grocery, retail, and autonomous delivery offer significant margin and growth upside.