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DoorDash

DoorDash

DoorDash is a food delivery company. It participated in the S13 cohort of Y Combinator.

Overview

DoorDash is an online food ordering and food delivery platform. The company was founded in 2012 by Tony Xu, Stanley Tang, Andy Fang and Evan Moore at Stanford University. The company was originally called PaloAltoDelivery.com. However, since then the company has grown and changed its name to DoorDash. DoorDash is headquartered in San Francisco, California

History

DoorDash originally launched as PaloAltoDeliverty.com in January 2013 at Stanford University. The online food delivery service became popular amongst Stanford University students, and in the summer of 2013, the company received $120,000 in seed money from Y Combinator in exchange for a 7% stake in the company. The company officially incorporated as DoorDash in June 2013. On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion.

DoorDash Kitchen

In October 2019, DoorDash opened its first shared commissary kitchen, DoorDash Kitchen, in Redwood City, California.  DoorDash’s kitchen takes on the infrastructure build-out and permitting responsibilities and co-designs the space with each merchant. These kitchens open up new delivery options to  customers living in nearby neighborhoods. 

In November 2020, DoorDash announced the opening of its first physical restaurant location, partnering up with Bay Area restaurant Burma Bites to offer delivery and pick-up orders.

COVID-19

In April 2020, in response to the COVID-19 pandemic, DoorDash offered gloves and bottles of hand sanitizer to its delivery drivers for free. The company also changed the its default drop-off option to contactless delivery. Later that same year, in October 2020, DoorDash launched its "Reopen for Delivery" program to have restaurants that have closed due to the COVID-19 pandemic partner with local ghost kitchen operators to offer food delivery and pick-up-only service.

Timeline

June 9, 2021
DoorDash announces its official launch in Japan, beginning with Sendai.
May 12, 2021
DoorDash announces first international engineering hub in Toronto, will hire 50 engineers
April 27, 2021
DoorDash announces pricing updates to provide more choice, flexibility, and transparency for Local Restaurants
April 8, 2021
DoorDash announces plan to give $1,000,000 to dashers & community nonprofits.

February 8, 2021
DoorDash acquires salad-making robot startup Chowbotics.

December 9, 2020
DoorDash's IPO opens at $182, which was 78% above the $102 price the company sold its shares at to investors before public trading commenced.
December 9, 2020
DoorDash sets share price at US$102 ahead of IPO

DoorDash has priced its shares at $102 apiece heading into its stock market debut Wednesday, valuing the 7-year-old food delivery company at nearly $39 billion.

November 13, 2020
DoorDash files to go public.
November 2020
DoorDash agrees to pay $2.5 million to settle claims it mislead customers in how tips were issued to its couriers.
June 22, 2020
DoorDash raises a $400,000,000 series H round from Durable Capital Partners.
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Funding rounds

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News

Title
Author
Date
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Description
Tent Partnership for Refugees
June 17, 2021
www.prnewswire.com:443
/PRNewswire/ -- During Refugee Week 2021, Airbnb.org, DoorDash, IKEA, Teleperformance, and Ben & Jerry's have been recognized for their efforts to include...
June 10, 2021
mint
The card-payments enabler behind big names like Square, DoorDash and others will be a major play for investors betting on digital commerce
DoorDash
June 9, 2021
www.prnewswire.com:443
/PRNewswire/ -- DoorDash (NYSE: DASH) the largest on-demand logistics platform for door-to-door delivery in the U.S., announced today its official launch in...
Kevin Roose
June 8, 2021
www.nytimes.com
The price for Ubers, scooters and Airbnb rentals is going up as tech companies aim for profitability.
Erin Carson
June 2, 2021
CNET
The companies waived delivery fees last summer to support Black-owned businesses.
May 30, 2021
mint
Chains like Domino's pioneered speedy food delivery, but they're split on working with apps like DoorDash and Uber Eats
Nancy Luna
May 27, 2021
Business Insider
Instacart launches Priority Delivery in 15 US cities with retailers such as Ralphs, Safeway, and Sprouts. It's competing with DoorDash, Uber Eats, and others.
Robert King
May 26, 2021
FierceHealthcare
CMS is working with online platforms such as Uber, Lyft and DoorDash to help convince gig workers to sign up for ACA coverage.
Stride Health
May 26, 2021
www.prnewswire.com:443
/PRNewswire/ -- Stride Health, the leading Portable Benefits platform for independent contractors, announced its participation in the "Gig Workers' Week of...
Nancy Luna
May 19, 2021
Business Insider
Square, led by Jack Dorsey, is expanding its e-commerce offerings for restaurants and retailers.
Catherine Shu
May 18, 2021
TechCrunch
BukuKas, a startup focused on digitizing Indonesia's small businesses, has raised $50 million in Series B funding. The round included participation from Gokul Rajaram, the DoorDash executive, and Taavet Hinrikus, co-founder and chief executive officer of TransferWise. This news comes just four months after BukuKas announced a $10 million Series A led by Sequoia Capital India. [...]
Richard Dal Porto
May 15, 2021
TechCrunch
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment.
Richard Dal Porto
May 14, 2021
TechCrunch
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Pragya Sehgal
May 12, 2021
IT Business
Today, the U.S. headquartered last-mile logistics platform DoorDash announced it is expanding its Canadian presence with a new engineering hub in Toronto which marks the company's first international engineering site launch.
Josh Scott
May 12, 2021
BetaKit
American last-mile delivery platform DoorDash has announced plans to launch a new engineering hub in Toronto and hire 50 engineers in the city by the end of 2021.
Emily Graffeo
May 11, 2021
markets.businessinsider.com
Newly public companies including Shoals Technologies, Snowflake, and Bumble, and Compass hit all-time intraday lows on Tuesday amid a broader market sell-off.
Tom Dotan
May 7, 2021
Business Insider
The story of Gopuff, a convenience stor delivery service that's gone from an idea by two college friends to a $9 billion company serving more than 650 cities.
Omar Faridi
May 2, 2021
Crowdfund Insider
Payments processing Fintech Unicorn Marqeta )conduct an initial public offering (IPO as early as next month: Report.
Will Daniel
April 29, 2021
markets.businessinsider.com
Uber CEO Dara Khosrowshahi. Uber; Mike Cohen/Getty Images for The New York Times; Samantha Lee/Insider US labor secretary Marty Walsh said &#3...
Nancy Luna
April 28, 2021
Business Insider
Wingstop CEO Charlie Morrison said Wingstop is positioned to compete with 'big' pizza, after surpassing $1 billion in digital sales in 2020.
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References

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