A new law was passed in California, which impacted delivery apps like Grubhub, DoorDash, Uber Eats, Postmates, Caviar and others. The law, which was approved last fall, went into effect on January 1 to require delivery apps to offer services only from restaurants with which they have a direct partnership. With this, apps are also […]
It’s not a secret that during lockdown people turned to food delivery apps. According to a recent report, people across the US have been ordering takeout more often. That led to the delivery business becoming very profitable. DoorDash, Uber, GrubHub and Postmates (which is owned by Uber) grossed about $5.5 billion in combined revenue from […]
Two popular Unicorn tech companies Airbnb (ABNB) and Doordash (DASH) made historic debuts on the stock market this week. These widely anticipated moves put the companies at the forefront of initial public offerings and marked some of the most valuable tech listings this year. With 129 IPOs filed this year, 19 more than 2019, companies […]
Walmart, America’s largest retailer, continues to experiment with the technologies of the future. On November 10, Walmart announced a partnership with Cruise, a self-driving car company and a subsidiary of General Motors headquartered in San Francisco, CA. Testing will begin in the first quarter of 2021 in Scottsdale, AZ. Prior to this partnership, Walmart worked […]
Proposition 22 was approved by 58% of California voters out of the November 3 elections. Now, gig workers who drive for delivery and rideshare apps are deemed independent contractors rather than employees. This proposition marked the most expensive ballot measure in the state’s history and comes with added benefits for delivery gig economy players like […]
A St. Louis restaurant accused DoorDash of driving business away from restaurants that are not listed as partners on the platform, leading to a lawsuit filed in September. While dozens of cases like this were filed in recent years, COVID-19’s negative impact on small restaurants further pushes for legal action against the unfair practices of […]