Tech

Does DoorDash take cash? Here’s what you need to know

DoorDash has never accepted cash on its marketplace platform. Prior to the coronavirus pandemic, DoorDash’s company-order fulfillment service DoorDash Drive accepted cash through a feature called “Cash on Delivery.” Neither DoorDash Drive nor DoorDash’s marketplace app will take cash at this time. Visit Business Insider’s Tech Reference library for more […]
Does DoorDash take cash? Here’s what you need to know
Markets

Grubhub rockets 11% on reports of takeover interest from 2 European peers

Grubhub stock surged as much as 11.5% Friday afternoon on reports European peers Just Eat and Delivery Hero are interested in a takeover of the food delivery service. Grubhub is currently fielding multiple offers and considering regulatory risks in its decision, sources told CNBC. The new overseas interest arrives after […]
Grubhub rockets 11% on reports of takeover interest from 2 European peers
Markets

GrubHub short-sellers made $504 million Tuesday when shares fell 42%

GrubHub short-sellers made $US504 million when shares of the company fell 42% Tuesday following lacklustre third-quarter earnings, data from financial-analytics provider S3 Partners shows. Wall Street has grown increasingly bearish on the stock over the last month, and at the same time, shorts have boosted exposure to GrubHub, S3 said. […]
GrubHub short-sellers made $504 million Tuesday when shares fell 42%
Markets

GrubHub sees 40% of market value wiped out on dismal earnings report

GrubHub, the online food-delivery service, reported disappointing earnings Monday that showed slower-than-expected growth. Shares fell as much as 40% in regular trading on Tuesday. The company attributed its performance to diner “promiscuity” and increased competition. Watch GrubHub trade live on Markets Insider. GrubHub lost more than one-third of its market […]
GrubHub sees 40% of market value wiped out on dismal earnings report