Doordash

DoorDash Is Looking To Raise Over $4 Billion In Its IPO

DoorDash Is Looking To Raise Over $4 Billion In Its IPO

DoorDash — everyone’s favourite (albeit exploitative) food delivery service — is apparently hoping to raise a whopping $US3.1 ($4) billion dollars as part of its initial public offering, per a regulatory doc the company filed with the SEC on Friday. 33 million shares priced between $US90 ($121) and $US95 ($128)…

Delivery Ghouls Pissed After Portland Limits Restaurant Fee Gouging

Delivery Ghouls Pissed After Portland Limits Restaurant Fee Gouging

Market-dominating delivery services like Grubhub and DoorDash are seeing unprecedented demand amid covid-19 stay-at-home orders. But these apps presented a threat to the livelihoods of local businesses even prior to the pandemic, and now, cities are stepping in to curb the exorbitant delivery fees these apps have levied on restaurants…