DoorDash Sets Share Price At $102 Ahead Of Wednesday IPOSan Francisco-based DoorDash has priced its shares at $102 apiece heading into its stock market debut Wednesday, valuing the 7-year-old food delivery company at nearly $39 billion.
San Francisco Delivery Company DoorDash Plans IPODoorDash Inc. initialized a public offering its stock Friday, capitalizing on the growing trend of consumers embracing app-based deliveries as much of the world stays home during the pandemic.
Despite Leaning Left, California Voters Reject Split Roll, Affirmative Action Measures; Back Prop. 22While Joe Biden is leading President Donald Trump by a 2-to-1 margin in California, results of several state ballot measures arguably show how some more conservative ideas are being supported by California voters.
Uber's Food Delivery Business Outshines Core Rides Service In 3rd QuarterUber's food delivery business brought in more money during the third quarter than its signature rides business.
Prop 22: Big Money Campaign Keeps Gig Workers Classified As Independent ContractorsUber, Lyft and other app-based ride-hailing and delivery services have prevailed in their expensive gamble to keep drivers classified as independent contractors.
Prop. 22: Poll Finds Voters Closely Divided Over Measure Backed By Uber, LyftWith a week before Election Day, a new poll finds California voters are split over Prop. 22, a ballot measure backed by Uber and Lyft.
Prop. 22: Uber Drivers Sue Over Alleged 'Pressure' To Vote, Advocate For Ballot MeasureSome Uber drivers are suing the San Francisco ride-hailing giant, saying the company has "unlawfully" pressured them and other drivers to support the measure.
Prop. 22: Black, Latino Leaders Concerned About Measure Backed By Uber, LyftBlack and Latino leaders from across California, including U.S. Rep. Barbara Lee, D-Oakland, gathered during a virtual news conference Monday to express their concerns over Proposition 22 on the state's Nov. 3 ballot.
KPIX Vote Smart: Uber, Lyft Place Pop-Up Ads In Favor Of Prop 22 In Rideshare AppsWhen Lyft or Uber customers hail a car, an advertisement pops up saying if Prop. 22 fails, prices and wait times will increase, while drivers will lose their income.
San Francisco DA Seeks Injunction Against DoorDash To Immediately Classify Workers As EmployeesSan Francisco District Attorney Chesa Boudin announced Wednesday that he has asked San Francisco Superior Court to order food delivery app DoorDash to immediately classify its workers as employees instead of independent contractors.
Schwarzenegger: Lawmakers, Voters Get Budget BlameGov. Arnold Schwarzenegger on Friday pointed the finger at lawmakers and California voters for the $6 billion deficit in the state budget he signed just a month ago.