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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 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.

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.
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 18, 2020
DoorDash raises $400 million in a new round of funding, bringing its valuation to around $16 billion.

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News

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By GLENN GAMBOA
November 19, 2021
AP NEWS
Susan Goodell needed help.In the early days of the COVID-19 pandemic, Goodell, CEO of the El Pasoans Fighting Hunger Food Bank, would look out the window at the long line of clients picking up the food available that day, while she and others answered calls from others who couldn't travel to a distribution point.
By DEE-ANN DURBIN
November 3, 2021
AP NEWS
DoorDash is adding security features to its app to help protect drivers.The San Francisco-based delivery company said Wednesday it's partnering with security company ADT on the new features, which will be available to all U.S.
Shira Ovide
October 13, 2021
www.nytimes.com
Why are DoorDash and Instacart letting businesses buy their way to the top of search results?
Li Jin
September 24, 2021
Harvard Business Review
Platforms have rewritten the contract between workers and companies. Here's how gig workers and creators are starting to push back.
By DEE-ANN DURBIN
September 15, 2021
AP NEWS
DoorDash is suing New York City over a new law that requires delivery companies to share customer data with restaurants. The lawsuit, filed Wednesday, is the latest in a string of legal tussles between the delivery companies and local governments, reflecting unease over the phenomenal growth of delivery and its impact on restaurants.
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