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0.00019205838574923 -0.00012003649109332 -0.00134440870024488 -4.80145964374097E-05 -0.00451337206510778 -0.00499351802948092 -0.00499351802948092 -0.00499351802948092
Stock impact report

Doordash, Uber Fail to Stop NYC Law Requiring 10% Tip Prompt [Yahoo! Finance Canada]

DoorDash, Inc. (DASH) 
(Bloomberg) -- DoorDash Inc. and Uber Technologies Inc. lost a bid to block a New York City law requiring a tipping option be presented to customers at checkout from going into effect Monday. A federal judge on Friday denied the companies' request for a court order that would have stopped the law from taking effect on Jan. 26 while their suit against the city proceeds. Most Read from Bloomberg The city is requiring the suggested tip be set at 10% or higher, which the food-delivery app firms worry will cause sticker shock for customers. DoorDash has estimated it will suffer millions of dollars in losses over the next year as New York customers place fewer orders. Uber and Doordash immediately appealed the decision later on Friday. “Allowing this law to take effect means we will likely see an immediate drop off in orders for New York's small businesses, a worse experience for customers, and fewer overall deliveries for New York City dashers,” a DoorDash spokesperson said in a Show less Read more
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