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Food Delivery Services Are Here to Stay: DoorDash CFO

May.14 — DoorDash CFO Prabir Adarkar discusses the company’s successful Q1 earnings as people continue to use food delivery services despite the growing number of restaurants reopening for indoor dining. He also talks about DoorDash competing with delivery services like Uber Eats and Instacart, and how the possibility of reclassifying workers may affect the company.…

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May.14 — DoorDash CFO Prabir Adarkar discusses the company’s successful Q1 earnings as people continue to use food delivery services despite the growing number of restaurants reopening for indoor dining. He also talks about DoorDash competing with delivery services like Uber Eats and Instacart, and how the possibility of reclassifying workers may affect the company. He speaks with Emily Chang on “Bloomberg Technology.”

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3 Comments

3 Comments

  1. Stock Trading

    May 14, 2021 at 7:16 pm

    In general terms, its a good product, but Dash is not going to be the provider. Dash is trading at almost 20x sales and its bleeding money like crazy. As more localized competition comes on, dash is doomed.

  2. Roman O

    May 14, 2021 at 8:04 pm

    never profitable business concept

  3. mrPmj00

    May 14, 2021 at 8:16 pm

    buy the dip!
    Go Amazon, Apple, Facebook, Twitter, Nvidia, Microsoft, Netflix. Disney and Wells Fargo for the recovery———–

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Bloomberg Technology

Meta’s Zuckerberg strains to assuage investor worries on AI bet

Meta gave a disappointing revenue forecast for the current quarter, intensifying investor concerns that the social media giant isn’t swiftly benefiting from its massive outlay on artificial intelligence. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…

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Meta gave a disappointing revenue forecast for the current quarter, intensifying investor concerns that the social media giant isn’t swiftly benefiting from its massive outlay on artificial intelligence. Ed Ludlow reports.
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Apple Slides After Supply Shortages Hurt Sales Forecast

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Apple tumbled in late trading after component shortages weighed on the company’s sales forecast. Ed Ludlow breaks down the company’s Q2 earnings.
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Anthropic Hack Adds To Fears Over AI Safety

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Anthropic says its AI models were involved in a hack, days after OpenAI made a similar disclosure. Does AI have a safety problem? Bloomberg’s Jordan Robertson explains.
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