DoorDash in hot water over gas relief spend, driver costs and market exits; biggest US delivery platform, DASH stock symbol.
DoorDash is pulling out of Japan, Uzbekistan, Qatar, and Singapore after a strategic review. The company aims to focus on markets with better growth potential, impacting around 85 jobs and closing some operations, including a Bengaluru engineering hub. The move follows increased competition and market challenges.
Rising gas prices, driven by the Iran war, have increased costs for US, Canadian, and Australian drivers. Companies are offering incentives, but drivers face reduced earnings and higher expenses. The US IRS is urged to raise mileage deductions to offset costs.
Rising gas prices have pressured households, but Uber, DoorDash and Instacart have largely beat earnings expectations. The firms are expanding value plays—membership programs, gas-relief payments and new services—to keep higher-income users engaged while preserving volumes.
A first-person account contrasts Spanish lunchtime traditions with typical US routines, illustrating how Spaniards spend midday hours socializing and dining. The piece reflects on a long-standing lifestyle that persists in Cartagena and similar cities.