A GenX chef says he's weaning off food delivery apps like DoorDash and Uber Eats because of 2 big downsides. Here's what he's doing instead. [Business Insider]
DoorDash, Inc. (DASH)
Company Research
Source: Business Insider
He now uses a white-label delivery service to take orders directly and pay a flat fee per delivery. Tony Marciante has run Chef Tony's Seafood in Bethesda, Maryland, since 2007. When the food-delivery apps like DoorDash, UberEats , and Grubhub came out, he signed up, like many restauranteurs. "They were a necessary evil," Marciante, 55, told Business Insider. But now he's weaning his restaurants off the apps. Marciante, who now has a second Chef Tony's location in Rockville, Maryland, and a couple of pizza concepts, said the tide appears to be turning and that other restaurant owners are also looking for alternatives. Food delivery apps have also come under scrutiny for charging customers high fees and underpaying drivers. A recent study found customers who order takeout via Postmates or DoorDash could be paying twice as much for their meal. Meanwhile delivery drivers previously told BI's Alex Bitter that the job isn't as lucrative as it once was. From a restaurateur's pers
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DASH
Earnings
- 5/1/24 - Beat
DASH
Sec Filings
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- DASH's page on the SEC website