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The Latest Breaking News from Dashers

DoorDash's Most Active Dashers Are 'Unauthorized Workers:' Culper Shorts DASH Saying 10-11% Pay Raise Would 'Wipe Out' 2024 EBITDA

Short-seller Culper Research has initiated a short position in DoorDash Inc. (NASDAQ:DASH), alleging in a new report that the company’s financial success is built on a “supply crisis” solution: a “backdoor” system for onboarding unauthorized workers.

Benzinga

DoorDash pocketed millions in tips

“This is just fundamentally unfair,” New York Attorney General Letitia James said during a recent news conference

Salon

DoorDash to repay $16.75m in pocketed tips to New York delivery workers

Delivery app claimed that 100% of tips went to ‘dashers’ but instead used them to subsidize workers’ base salary

The Guardian - US

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New DoorDash information pop-up screen could change the way customers tip

DoorDash is warning customers about not leaving a tip, but will it leave all parties happy?

The Independent UK

New DoorDash tipping policy could bring big consequences for customers

DoorDash is changing the way that tips work, but will it leave all parties happy?

The Independent UK

DoorDash's new CFO started as an engineer and now oversees a finance team of over 400

"Finance cannot just be a reporting function," says Ravi Inukonda.

Fortune

Key Takeaways From Raymond James' Initiation On DoorDash

Raymond James analyst Aaron Kessler initiated coverage on DoorDash, Inc (NYSE:DASH) with a Market Perform rating with no price target. Kessler saw a large total addressable market for food delivery. DoorDash has established itself as the leading food delivery platform in the U.S. with a 50% plus market share, Kessler noted. DoorDash offered significant…

Benzinga

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Seattle City Council to consider ‘Pay Up’ measures to address gig worker pay, rights

SEATTLE — Since 2017, Jay Reeves has been working as a delivery driver for either Postmates or DoorDash, working, at times, seven days a week.

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