Doordash

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Meta has partnered with online delivery platform DoorDash to deliver Marketplace items located up to 15 miles (nearly 25 km) away in the US.The WSJ says that DoorDash will only deliver items that are small enough to fit in the trunk of a car, and drivers are expected to make deliveries within 48 hours.Either way, it sounds like a helpful option for anyone who is not able to pick up an item themselves.It also fills a gap in Facebook Marketplace's existing local delivery options, which only lets you get larger items…

You may soon have the option to have your Facebook Marketplace purchases picked up and delivered by DoorDash. According to a report from The Wall Street Journal, Facebook’s parent company, Meta, is partnering with DoorDash to deliver Marketplace items located up to 15 miles away. Not every item is eligible for delivery, though. Sources tell the WSJ that DoorDash will only deliver items that are small enough to fit in the trunk of a car, and that drivers are expected to make deliveries within 48 hours. Either way, it…

Wall Street Journal: Meta is testing having DoorDash deliver Facebook Marketplace purchases; sources: the service delivers items that fit in a car trunk and are up to 15 miles away — The service will pick up and deliver items that fit in a car trunk to destinations up to 15 miles away Wall Street Journal: Meta is testing having DoorDash deliver Facebook Marketplace purchases; sources: the service delivers items that fit in a car trunk and are up to 15 miles away — The service…

You might not have to pick up your local Facebook Marketplace purchases in the near future. Meta has confirmed to The Wall Street Journal that DoorDash is now handling Facebook Marketplace deliveries as part of an "early" partnership. Couriers will deliver orders that are small enough to fit in a car trunk and come from sellers up to 15 miles away, The Journal's sources said, and should complete their dropoffs within 48 hours. The feature is currently free to reel in customers, one tipster said. It's not clear how…

Drivers for DoorDash Inc. DASH -0.26% are now delivering items to consumers purchased online from Facebook META 1.41% Marketplace as part of a new partnership between the delivery app and Facebook parent Meta Platforms Inc. Meta and DoorDash tested the service in several U.S. cities in recent months, the companies said. The service lets Facebook users purchase and receive items from Marketplace without leaving their…

SoftBank Group Corp. is accelerating asset sales after its flagship Vision Fund unit booked nearly $50 billion in losses in just six months, but Chief Executive Masayoshi Son faces narrowing options and slumping valuations, analysts said. Son said that he is in discussions to sell asset manager Fortress, without commenting on a valuation. SoftBank also raised $2.4 billion by selling shares in T-Mobile US during the latest quarter while unloading a variety of other holdings. But as valuations fall, easy options for…

DoorDash delivery personSource: DoorDashDoorDash reported second-quarter results after the bell Thursday that beat Wall Street's revenue expectations but showed a greater loss per share than anticipated.Shares of DoorDash popped 18% in after-hours trading.Here's how the company did:Loss per share: 72 cents vs. 41 cents expected by analysts, according to Refinitiv.Revenue: $1.61 billion vs. 1.52 billion expected by analysts according to Refinitiv.DoorDash said the total number of orders it delivered grew 23% year over year…

DoorDash Inc.’s revenue rose in the latest quarter, as consumers stuck to ordering food and household essentials despite restaurant and store reopenings.The delivery app raised guidance for the year on the total value of orders placed on its platform, even though it said it expects “a softer consumer spending environment” in the second half of the year. DoorDash’s revenue in the three months through June grew 30% to $1.6 billion from a year earlier. That compared with the average revenue…

Uber Technologies Inc reported positive quarterly cash flow for the first time ever on Tuesday and forecast third-quarter operating profit above estimates, as more people rely on its services for transport and ordering in food. The company's stock surged 15% to $28.2 and helped push shares of Lyft Inc by 11% and DoorDash by 4%. Uber generated free cash flow of $382 million in the second quarter, topping analysts' expectations of $263.2 million, as trips exceeded levels seen before the pandemic, boosted by office…