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DoorDash (DASH) Experiments With Standalone AI-powered App for Users to Locate New Restaurants, Reports Bloomberg [Yahoo! Finance]

DoorDash, Inc. (DASH) 
Company Research Source: Yahoo! Finance
On December 16, Bloomberg reported that the company is experimenting with a standalone AI-powered app for users to locate new restaurants. Therefore, this will expand its reach beyond the food-delivery service. The new app, Zesty, happens to be in public testing in San Francisco and New York. Bloomberg also noted that DoorDash, Inc. (NASDAQ:DASH) continues to expand offerings over and above the takeout-ordering service. Over the previous year, the company expanded the dine-in reservations feature in the DoorDash app post the acquisition of SevenRooms Inc. DoorDash, Inc. (NASDAQ:DASH) plans to spend more dollars in 2026 for new initiatives and internal productivity tools, added Bloomberg. In a different update, on December 11, Argus analyst Taylor Conrad reduced the price target on the company's stock to $260 from $275, while keeping a “Buy” rating. Notably, the firm is optimistic about DoorDash, Inc. (NASDAQ:DASH)'s robust balance sheet and expanded focus towards grocery delivery, Show less Read more
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