DoorDash skyrockets in market debut, closes up 85%

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DoorDash went public today with shares opening at $182. Four market experts discuss what's next for the food delivery app and the food delivery industry.

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.

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No moat business.

美团外卖或者饿了么在美国落地了,原来是兔子摸着鹰酱过河的,现在兔子反向被鹰酱摸,我算是知道两个国家的财富密码了,就是互相抄,抄来抄去就成了科技创新了。

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