reported last week that restaurants were informed they would begin being charged the original rate in their contracts for DashPass, which is a premium service for frequent users in which restaurants pay to participate.
According to the notice reported by the City Paper, DoorDash told restaurants the legislation "is only applicable to Classic orders and does not apply to the DashPass program." In a statement Wednesday, a DoorDash spokesperson told CNBC it had decided not to charge restaurants their contractual rates for DashPass, for the time being, citing "confusion as a result of our response to the unintended consequences of the pricing regulations in Washington, DC." They maintained DashPass is a "premium marketing offering."
"We look forward to engaging with local policymakers to increase understanding of the impact pricing regulations have, and solutions that better serve customers, Dashers, and restaurants," the spokesperson said.This story is developing. Please check back for updates.
NYSE Use my link to sign up guys you won’t regret it 🥰❤️
NYSE Current mechanismdesigns of mobility companies capture low value and do not scale profitably Heuristics modelled this market in 2019 and today in 2020 reflecting real value is missing current Ridehailing Mobility Logistics predicatblyirrational investing
NYSE
NYSE It’s beginning to feel like ‘99 again. A food delivery business scoring a market cap of $38B is insane. The worst part is this severely overvalued stock will eventually find its way into people’s 401K and will deliver a blow to the working guy when the market reverts to norm.
NYSE On the graphics can you say it as DOORDASH INC.
NYSE This was clear to anyone that has been watching the 200 million dollar propaganda campaign Doordash and Uber put on to skirt employee labor laws. Everyone know they would pop after prop 22. Now they are just cashing out.
NYSE Good luck
NYSE When are options available
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NYSE GrandMidweekExpress 두 증인, 모세와 엘리야의 라이브 메세지를 놓치지 마세요! 주님의 길을 곧게 예비하는 시간은 지금 뿐입니다.
NYSE Short it!
NYSE Money left on table
NYSE LIVESTREAM of DoorDash CEO Tony Xu
NYSE Waiting for ABNB .. tomorrow
NYSE B U B B L E !!! $RMED - added!! UP 8% is my micro cap pic. $18M market cap, $34M cash, no debt! 2.9M share float. Insiders have been buying. 2 approved fda products and a revolutionary catheter trial running.