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  4. DoorDash Agrees to Grocery Delivery Deal with Canada's Loblaw
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DoorDash Agrees to Grocery Delivery Deal with Canada's Loblaw

By Scott Kanowsky AiVIF.com -- DoorDash Inc (NYSE:DASH) has announced a partnership with Canadian grocery chain Loblaw (TSX:L), as the U.S. delivery service looks to expand...
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DoorDash Agrees to Grocery Delivery Deal with Canada's Loblaw © Reuters

By Scott Kanowsky

AiVIF.com -- DoorDash Inc (NYSE:DASH) has announced a partnership with Canadian grocery chain Loblaw (TSX:L), as the U.S. delivery service looks to expand its offerings in response to growing competition and a market downturn for tech stocks.

In a statement, DoorDash said the move will make items available for at-home delivery in under 30 minutes through its own online platform or Loblaw's "President's Choice" unit. The service will be rolled out in several Canadian cities, including Toronto, Vancouver, Calgary, and Kitchener.

The companies did not provide details about the financial terms of the deal.

The agreement comes as DoorDash has seen its share price fall by more than 60% over the past year, as rising interest rates have partly contributed to flagging confidence in tech companies. DoorDash has also faced fierce competition from rivals like California-based startup Instacart.

Instacart also has a grocery deal in place in Loblaw, but without the offer of a sub-30 minute expected delivery time.

DoorDash shares were trading slightly higher in early U.S. trading on Wednesday.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

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EUR/USD

1.0658

-0.0008 (-0.07%)

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GBP/USD

1.2475

-0.0015 (-0.12%)

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USD/JPY

157.91

+0.12 (+0.07%)

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↑ Buy

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AUD/USD

0.6469

-0.0003 (-0.05%)

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Neutral

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Buy (10)

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Indicators:

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USD/CAD

1.3780

+0.0003 (+0.03%)

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EUR/JPY

168.32

+0.10 (+0.06%)

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EUR/CHF

0.9808

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2,295.80

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26.677

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4.5305

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81.14

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85.62

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213.73

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Euro Stoxx 50

4,920.55

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S&P 500

5,035.69

-80.48 (-1.57%)

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17,921.95

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8,144.13

-2.90 (-0.04%)

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17,763.03

+16.12 (+0.09%)

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US Small Cap 2000

1,973.05

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10,854.40

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175.90

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
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SJC 0,5c7,380/ 7,560
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SJC 99,99%7,370/ 7,470
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SJC 99%7,196/ 7,396
(0/ 0) # 386
Cập nhật 01-05-2024 10:45:19
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ↀ Giá vàng thế giới
$2,285.72-47.5-2.04%
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V25.44025.940
RON 95-III24.91025.400
E5 RON 92-II23.91024.380
DO 0.05S20.71021.120
DO 0,001S-V21.32021.740
Dầu hỏa 2-K20.68021.090
ↂ Giá dầu thô thế giới
WTI$80.83+3.390.04%
Brent$85.50+3.860.05%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD25.088,0025.458,00
EUR26.475,3627.949,19
GBP30.873,5232.211,36
JPY156,74166,02
KRW15,9219,31
Cập nhật lúc 10:45:15 01/05/2024
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