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DoorDash

Online food delivery platform

DoorDash, Inc. is a San Francisco–based company known for its online food ordering and delivery services. It holds a significant market share in the United States and convenience delivery. Despite its success, DoorDash has faced criticism and legal issues related to its business practices.

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Timeline

Chloe's delivery order revelation

In the fall of 2012, Chloe, the owner of a macaroon store in downtown Palo Alto, showed DoorDash founders a thick booklet of delivery orders, sparking the idea for the company. This moment was the catalyst for DoorDash's creation.

Founding of DoorDash

DoorDash was founded in October 2012 by Evan Charles Moore, Andy Fang, Stanley Tang, and Tony Xu, who were all students at Stanford University. The company started its journey under the name Palo Alto Delivery.

DoorDash's first delivery

DoorDash made its first delivery on January 12, 2013, just three months after its founding. The initial delivery operations began on the Stanford campus, marking the start of DoorDash's journey in the delivery service industry.

Incorporation of DoorDash

On May 21, 2013, DoorDash is officially incorporated in Delaware, seven months after its founding and four months after its launch.

DoorDash Founded

DoorDash was founded on October 4, 2013, with a mission to enable every merchant to deliver. The idea originated from the founders' interaction with a small business owner who struggled with fulfilling delivery orders.

DoorDash raises $17.3 Series A round

In May 2014, DoorDash secures a $17.3 million Series A funding round led by Sequoia Capital, with participation from other investors. This investment marks a significant milestone for the company in its early stages.

DoorDash expands to Los Angeles

In June 2014, DoorDash expanded its operations to Los Angeles, marking a significant geographic expansion for the company. This move allowed DoorDash to serve customers in a new major city.

Geographic Expansion to Boston

In September 2014, DoorDash expands its services beyond the west coast by launching in Boston.

DoorDash raises Series A funding

In October 2014, DoorDash raised its Series A funding round, with Tang reflecting on the journey from Stanford to establishing a successful startup. The funding round included a $15 million investment from Sequoia.

Unveiling of New Logo Inspired by Shinkansen

In November 2014, DoorDash reveals a new logo inspired by the Japanese bullet train, Shinkansen.

DoorDash Valued at $1 Billion

Reports on DoorDash being valued at $1 billion.

DoorDash Not the Next Unicorn

Speculations on DoorDash not reaching unicorn status.

Four Year Anniversary of DoorDash Launch

DoorDash celebrates its four-year anniversary since the official launch. The company reflects on its growth over the years, from a small operation to a major player in the on-demand delivery industry, serving millions of customers and partnering with renowned restaurants.

DoorDash goes public on NYSE

DoorDash went public on the New York Stock Exchange on December 9, 2020, with an initial public offering price of $102 per share. The company's stock closed at nearly $190 per share on the first day, valuing the company at $72 billion.

DoorDash Market Share and User Base

As of December 31, 2020, DoorDash had a 56% market share in food delivery in the US and a 60% market share in convenience delivery. The platform was being used by 450,000 merchants, 20,000,000 consumers, and one million delivery couriers.

DoorDash Acquisition of Chowbotics

On February 8, 2021, DoorDash announced its acquisition of Chowbotics, a robotics company known for its salad-making robot.

DoorDash Acquisition of Wolt

On November 9, 2021, DoorDash announced its acquisition of the Finnish technology company Wolt for over $8.1 billion.

DoorDash Expansion into Wellington Region, New Zealand

In June 2022, DoorDash expanded its services into the Wellington Region of New Zealand, continuing its global growth.

End of DoorDash's partnership with Walmart

In August 2022, DoorDash announced the end of its partnership with Walmart, terminating the cooperation agreement established in 2018.

DoorDash announces layoffs

In late November 2022, DoorDash revealed plans to lay off 1,250 corporate employees, constituting about six percent of their workforce, in a cost-cutting measure.

DoorDash's Rise to Dominance

DoorDash, founded in a Stanford dorm room, has emerged as the top delivery app, surpassing Grubhub. Over the span of 10 years, it has solidified its position in the market.

DoorDash 10th Anniversary Celebration

DoorDash celebrated its 10th anniversary and a decade of empowering local communities in 2023. Customers also celebrated special moments with DoorDash, whether it was a birthday, graduation, holiday, game day, or just because.

DoorDash and Wing Announce Drone Delivery Pilot in the US

DoorDash collaborates with Wing to launch a drone delivery pilot program in the US, exploring innovative ways to enhance the delivery experience for customers.

DoorDash Adds Lowe’s as First Home Improvement Retail Partner

DoorDash expands its services by partnering with Lowe's as its first home improvement retail partner, offering customers more diverse delivery options beyond food.

DoorDash Announces Portable Benefits Savings Program For Dashers in Pennsylvania

DoorDash introduces a new Portable Benefits Savings Program for Dashers in Pennsylvania, aiming to provide additional support and benefits for its delivery partners in the state.

End of the Timeline
DoorDash

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