New DoorDash Customers Are Turning to the App for Grocery Deliveries and Flowers, Not Just Restaurant Meals
August 10, 2023
DoorDash is experiencing a rise in orders from new customers seeking non-restaurant items such as groceries and flowers, with CEO Tony Xu noting that the company attracts more first-time non-restaurant customers than any other platform. The company’s expansion into the grocery sector has led to a surge in total orders, reaching 532 million in a quarter, a 25% YoY increase. DoorDash’s retail selection has expanded to over 100,000 stores, overtaking Instacart’s 80,000 merchants, making it a significant contender in the grocery delivery space.
Recent News
Top Deals for National Hamburger Day 2024
National Hamburger Day 2024 is just around the corner, falling on Tuesday, May 28.
Bass Pro Shops CEO Focuses on Affordability Amid Inflation
In response to the persistent inflation affecting the economy, Johnny Morris, the founder and CEO of Bass Pro Shops, has reaffirmed the brand’s commitment to affordability. With inflation currently at 3.4%, above the Federal Reserve’s 2% target, Morris acknowledged the reality of rising costs and emphasized that the hunting, fishing, and outdoor sporting brand will maintain its focus on delivering value to its customers.
European Central Bank Set To Cut Interest Rates Next Week
The European Central Bank (ECB) is poised to reduce interest rates in its upcoming meeting, marking a significant shift in monetary policy aimed at addressing the current economic landscape.
China Is Spending $47.5 Billion for Chip Industry
China is significantly bolstering its semiconductor industry with a historic investment of $47.5 billion, reflecting its strategic push to become a global leader in advanced technology.