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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

Netflix’s Earnings and Ramp’s Fundraise | Bloomberg Technology

Bloomberg’s Ed Ludlow brings full market coverage as investors scale back geopolitical concerns. Netflix shares fall after a disappointing revenue outlook and plans to stop reporting its subscriber numbers, and financial services platform Ramp raises an additional $150 million dollars to reach a $7.6 billion dollar valuation with new backer Khosla Ventures. ——– “Bloomberg Technology”…

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Bloomberg’s Ed Ludlow brings full market coverage as investors scale back geopolitical concerns. Netflix shares fall after a disappointing revenue outlook and plans to stop reporting its subscriber numbers, and financial services platform Ramp raises an additional $150 million dollars to reach a $7.6 billion dollar valuation with new backer Khosla Ventures.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Maven Ventures Looking at Consumer Applications for AI

Maven Ventures General Partner Sara Deshpande joins Ed Ludlow to discuss the firm’s $60 million Fund IV, how the firm will apply this new capital, and which consumer trends she is watching. She speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg…

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Maven Ventures General Partner Sara Deshpande joins Ed Ludlow to discuss the firm’s $60 million Fund IV, how the firm will apply this new capital, and which consumer trends she is watching. She speaks on “Bloomberg Technology.”
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Netflix Shares Tumble the Most in Nine Months

Netflix shares fell on Friday after a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year. Needham & Co senior entertainment and internet analyst Laura Martin joins Ed Ludlow to explain why the firm still raised its Netflix…

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Netflix shares fell on Friday after a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year. Needham & Co senior entertainment and internet analyst Laura Martin joins Ed Ludlow to explain why the firm still raised its Netflix price target on “Bloomberg Technology.”
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