Uber, DoorDash and Grubhub will have to pay their New York delivery workers $18/hour after losing a court appeal to block a minimum wage rule [Fortune]
DoorDash, Inc. (DASH)
Company Research
Source: Fortune
A state appeals court on Thursday rejected efforts by the companies to overturn a September decision by a judge allowing the rule to go into effect. It had been temporarily delayed pending the decision. The ruling forces delivery services to either pay couriers the flat hourly rate or pay per delivery at about 50 cents a minute. Related Video The pay increase is one of several measures New York and other large cities have taken to regulate apps for ridesharing, food deliveries and short-term rentals as usage has grown. Companies sought to block such measures, including challenges to a cap on commissions they can collect from restaurants and a requirement that they share customer data with restaurants they serve. Mayor Eric Adams called the city's rule “a powerful tool to hold apps accountable.” In a statement , Adams said, “This minimum pay rate will guarantee our delivery workers and their families can earn a living and keep our city's legendary restaurant industry going stron
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DASH
News
- DoorDash: Back To Extreme Overvaluation (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- DoorDash (DASH) Outlook Tempered by Concerns Over Investment Costs and AI Disruption [Yahoo! Finance]Yahoo! Finance
- DoorDash (DASH) Experiments With Standalone AI-powered App for Users to Locate New Restaurants, Reports Bloomberg [Yahoo! Finance]Yahoo! Finance
- DoorDash (NASDAQ:DASH) had its "outperform" rating reaffirmed by analysts at Wedbush.MarketBeat
- DoorDash unveils ChatGPT grocery app one week after Instacart debut [FOX Business Network]FOX Business Network
DASH
Earnings
- 11/5/25 - Miss
DASH
Sec Filings
- 12/23/25 - Form 4
- 12/23/25 - Form 4
- 12/22/25 - Form 4
- DASH's page on the SEC website