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International Business Times UK
International Business Times UK
Business
Angelo dela Dingco

Heavy Tech Spending Sends DoorDash Stock Crashing in After-Hours Trading

DoorDash to develop a comprehensive global platform to expand its delivery services worldwide. (Credit: Twitter / Peer Community Hub, Your News Network Zone! 🇨🇦✌️ @p_communityhub)

DoorDash announced ambitious plans to develop a global technology platform and introduce delivery robots next year. However, these initiatives come with hefty price tags, prompting concern among investors. The company's stock plummeted 9.8% in after-hours trading on 5 November 2025.

The US-based on-demand delivery service has expanded into Europe and Asia, operating multiple brands such as Wolt, each with its own technology stack. CEO Tony Xu sees this upgrade as essential for rolling out new features worldwide and maintaining competitive advantage.

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