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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

Dazzle Wants to Turn Your Camera Roll Into an AI Assistant

Dazzle is betting the next generation of personal AI should know more about you before you even ask a question. The startup uses photos and screenshots in a user’s camera roll to understand their interests, relationships, travel and belongings — then helps take actions, from finding a product and arranging a repair to planning activities…

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Dazzle is betting the next generation of personal AI should know more about you before you even ask a question. The startup uses photos and screenshots in a user’s camera roll to understand their interests, relationships, travel and belongings — then helps take actions, from finding a product and arranging a repair to planning activities or adding an event to a calendar. Dazzle CEO Marissa Mayer joins Ed Ludlow for more on “Bloomberg Tech.”
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Bloomberg Technology

Sequoia, Nvidia Back Mecka AI’s Robotics Push

Mecka AI has raised $60 million in Series B funding led by Sequoia Capital, with backing from Nvidia, Microsoft’s M12 and Qualcomm, as it builds technology to help robots understand and operate in the physical world. CEO and cofounder Josh Gao discusses the enormous data challenge facing robotics, how Mecka captures everything from physical interactions…

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Mecka AI has raised $60 million in Series B funding led by Sequoia Capital, with backing from Nvidia, Microsoft’s M12 and Qualcomm, as it builds technology to help robots understand and operate in the physical world. CEO and cofounder Josh Gao discusses the enormous data challenge facing robotics, how Mecka captures everything from physical interactions to force and pressure, and why scaling physical AI will require major investments across sensors, infrastructure and real-world data collection. He joins Ed Ludlow on “Bloomberg Tech.”
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BofA Sees Strong Demand for OpenAI, Anthropic IPOs

Bank of America’s JD Moriarty says public markets have the capacity to absorb massive potential IPOs from companies including OpenAI and Anthropic, pointing to SpaceX’s listing as evidence of strong institutional and retail demand for transformational technology companies. He discusses how abundant private capital has changed the traditional IPO playbook and what the pipeline could…

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Bank of America’s JD Moriarty says public markets have the capacity to absorb massive potential IPOs from companies including OpenAI and Anthropic, pointing to SpaceX’s listing as evidence of strong institutional and retail demand for transformational technology companies. He discusses how abundant private capital has changed the traditional IPO playbook and what the pipeline could mean for tech listings next year. He joins Ed Ludlow on “Bloomberg Tech.”
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