doordash

DoorDash is buying Caviar from Square in a deal worth $410 million

DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar. DoorDash has agreed to pay Square $410 million in cash and preferred DoorDash stock. Square bought Caviar about five years ago in a deal worth about $90 million. Now, Caviar has found a new home with DoorDash, the on-demand […]




doordash

SoftBank-backed food delivery service DoorDash files for IPO

DoorDash, led by CEO Tony Xu, did not specify when exactly it plans to go public, but its debut will test the appetite of investors, who have been unforgiving in recent months toward IPOs.




doordash

Grubhub, DoorDash, Postmates, Uber Eats sued over high commission fees and raised prices

The food delivery services are being sued in a class action lawsuit filed Monday in Manhattan for levying heavy commission fees on restaurants that lead to higher menu prices.