DoorDash is a technology-driven food delivery service that connects customers with local restaurants and food providers through its user-friendly platform. It enables users to browse menus, place orders, and have meals delivered to their doorstep swiftly and conveniently. Founded to support local businesses and enhance the dining experience, DoorDash offers a wide range of delivery options, meeting diverse consumer preferences while also providing services like grocery delivery and convenience items. The company focuses on expanding its network of partners and enhancing logistics to improve delivery efficiency and customer satisfaction. Read More
DoorDash, Inc. (NASDAQ: DASH) (“DoorDash”), a leading local commerce platform globally, today announced the pricing of $2.5 billion aggregate principal amount of 0% convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased from the previously announced $2.0 billion aggregate principal amount of notes. In connection with the offering of the notes, DoorDash granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $250.0 million aggregate principal amount of notes. The sale of the notes to the initial purchasers is expected to settle on May 30, 2025, subject to customary closing conditions.
DoorDash, Inc. (NASDAQ: DASH) (“DoorDash”), a leading local commerce platform globally, today announced that it intends to offer and sell, subject to market conditions and other factors, $2.0 billion aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering of the notes, DoorDash expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $200.0 million aggregate principal amount of notes.
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DoorDash, a leading platform for local commerce, and Wing, the global leader in residential drone delivery, are introducing drone delivery to Charlotte, NC for the first time. This marks the latest milestone in their ongoing partnership focused on bringing faster, more efficient, and sustainable food delivery options to customers.
Chinese e-commerce company, JD.com Inc. is shaking up China's food delivery market with its bold zero-commission model, while taking aim at the global meal delivery scene as well.
