The Latest Breaking News from DoorDash

The government plans to introduce legislation to protect gig economy workers after a historic deal between Uber Australia and the Transport Workers Union.

Uber Australia has struck a historic agreement with the Transport Workers’ Union – a statement of principles that re-regulate work in the Australian rideshare and food delivery industry.

SACRAMENTO, Calif. — After arresting a driver in the middle of delivering a DoorDash order, a Placer County probation officer took it upon himself to drop off the delivery.

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Analysts have provided the following ratings for DoorDash (NYSE:DASH) within the last quarter:

Hope you didn't need Discord, Doordash, Shopify, Grindr, or Peleton.

LOS GATOS, California — Jonathan Friedland wondered why his favorite local bakery, Manresa Bread, wasn’t using food-delivery services such as DoorDash or Uber Eats, especially during a pandemic shutdown that kept customers home.

On June 14, the Massachusetts Supreme Court issued a ruling disqualifying the app-based drivers initiative backed by Lyft, Instacart, DoorDash, and Uber, from the November ballot. 

Takeaway and ride-hailing apps boomed during the pandemic but are now under critical pressure

They rose to great heights but have been falling back hard. The share prices of companies in the so-called gig economy have been performing abysmally, even compared to the woes of stock markets in general. This dates back some 18 months though it has intensified since last autumn.

Raymond James analyst Aaron Kessler initiated coverage on DoorDash, Inc (NYSE:DASH) with a Market Perform rating with no price target. Kessler saw a large total addressable market for food delivery. DoorDash has established itself as the leading food delivery platform in the U.S. with a 50% plus market share, Kessler noted. DoorDash offered significant…