DoorDash preps for IPO, confidentially files documents with SEC [CNBC]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: CNBC
Food delivery service DoorDash announced DoorDash said it has confidentially submitted a draft S-1 filing to the Securities and Exchange Commission (SEC). DoorDash raised $100 million in a recent funding round, Bloomberg valuing the company around $13 billion became the leader in digital food delivery in 2019 GrubHub Uber Restaurants ranging from local eateries to global fast-food chains like McDonald's have turned to delivery aggregators like DoorDash to find new customers, who are looking more convenient dining options. But high commission fees from DoorDash and its rivals have put pressure on restaurant profits. Restaurants have turned to local regulators for help. The New York City Council announced six bills on Thursday targeting delivery providers, including a 10% cap on commissions paid by restaurants. DoorDash's confidential filing doesn't mean that its will happen any time soon. Postmates said last February This story is developing. Check back for updates.
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- Customer Calls Out McDonald's Pricing After Being Charged $25 For 'Deal' Following California Wage Increase: ‘The New Normal' [Yahoo! Finance]Yahoo! Finance
- Employers boost recruitment of temporary foreign workers, despite softer labour market [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/23/24 - Form 144
- 4/23/24 - Form 4
- 4/18/24 - Form PX14A6G
- MCD's page on the SEC website