DoorDash

After interviewing local merchants, the founding team identified a need for delivery and launched an early website on January 12 offering Palo Alto restaurant menus and ordering. DoorDash then joined Y Combinator’s Summer 2013 batch and announced $2.4 million in funding in September.⁠[1][2]

On December 6, the company launched DoorDash Drive, allowing merchants to have DoorDash deliver orders from their own channels. The platform thereby combined its consumer-facing ordering marketplace with merchant-facing fulfillment services.⁠[3]

On August 8, the company launched DashPass, initially priced at $9.99 per month, which waives delivery fees on orders from eligible restaurants that meet a specified minimum. Membership benefits are limited by order value and merchant scope and do not waive all fees on every order.⁠[4]

On October 31, DoorDash completed its acquisition of restaurant delivery service Caviar from Square for consideration of approximately $410 million, consisting of cash and DoorDash stock.⁠[5]

DoorDash issued 33 million shares of Class A common stock at $102 per share and listed on the New York Stock Exchange under the ticker DASH. The initial public offering closed on December 11.⁠[6][7]

On May 31, DoorDash completed its all-stock acquisition of Finnish local commerce platform Wolt. After the transaction, the two companies’ businesses together covered 27 countries; the Wolt brand and app continued to operate, and co-founder Miki Kuusi became responsible for DoorDash’s business outside the United States.⁠[8][9]

DoorDash reached a $16.75 million settlement with the New York State Attorney General’s Office to compensate affected couriers. The regulatory investigation concerned the tip-handling model in use from May 2017 to September 2019, finding that some customer tips were used to offset pay the platform had promised. The settlement document states that DoorDash does not admit the investigation’s findings or the alleged violations.⁠[10][11]

On June 13, the company completed its acquisition of SevenRooms, adding restaurant reservation, customer relationship management, and marketing tools to its business. The previously announced transaction agreement set consideration at approximately $1.2 billion in cash.⁠[12][13]

On October 2, DoorDash completed its acquisition of Deliveroo, further expanding its international delivery business. With Deliveroo on board, the company operates local commerce brands including DoorDash, Wolt, and Deliveroo.⁠[14]

On February 25, the company announced it would gradually wind down Deliveroo and Wolt operations in Qatar, Singapore, Japan, and Uzbekistan, concentrating resources on markets with greater opportunities to scale.⁠[15]

On July 14, DoorDash and Shopify launched a direct integration that lets U.S. ShopifyShopifyShopify is a commerce software company that originated in Ottawa, Canada, providing merchants with tools for online stores, physical retail, payments, orders and inventory management. The business began with Snowdevil, an online snowboard store founded in 2004 by Tobias Lütke and others, and the standalone e-commerce platform launched in 2006. The company went public in 2015 and now trades under the ticker SHOP on Nasdaq and the Toronto Stock Exchange.Open the full entry merchants with physical stores sync product catalogs, inventory, and orders and sell and deliver goods through DoorDash; expansion to international markets remains a future plan.⁠[16]

On July 29, Tony Xu announced that DoorDash Air, the company’s in-house drone program, had received Part 135 certification from the U.S. Federal Aviation Administration. He described delivery technology, operational processes, and handoffs as joint prerequisites for bringing drone service to market.⁠[17]

Second-quarter results released on August 5 showed that the company’s total orders were 970 million, up 27% year over year; marketplace gross order value was $33.078 billion and revenue was $4.454 billion, both up 36%; and net income attributable to common stockholders was $200 million. Excluding Deliveroo, growth in total orders and revenue was 17% and 24%, respectively. The company expects its unified technology platform to be fully rolled out in the first half of 2027.⁠[18]

On September 10, DoorDash and Locally announced a partnership to bring specialty retailers in running, cycling, musical instruments, outdoor gear, and other categories onto the platform, with support for syncing inventory, product catalogs, and order management. DoorDash also joined Locally’s same-day delivery network, providing fulfillment for orders placed on brands’ own websites.⁠[19]