DoorDash partners with Lyft to give members ride-sharing benefits

DEE-ANN DURBIN

October 30, 2024

Delivery service DoorDash said Wednesday that it's partnering with Lyft to bring ride-sharing benefits to its members.

The announcement came as DoorDash released better-than-expected results for its third quarter. The San Francisco company said its revenue rose 25% in the July-September period to $2.7 billion. The figure topped Wall Street's forecast of $2.65 billion, according to analysts polled by FactSet.

DoorDash said its DashPass members will get discounted rides through Lyft, while Lyft riders will a get a free DashPass trial. DashPass members pay $9.99 per month or $96 per year for free deliveries on most orders.

The combination makes DoorDash a more potent competitor to Uber, which offers free Uber Eats delivery and discounted Uber rides to its Uber One members. Uber's program also costs $9.99 per month or $96 per year.

Both Lyft and DoorDash have been adding partners to their loyalty programs in order to entice customers. Lyft said 20% of its rides last year were connected to its partners, including Delta Air Lines and Hilton. DoorDash recently partnered with Max, Warner Bros. Discovery's entertainment streaming service.

DoorDash said its total orders rose 18% in the third quarter to 643 million, more than the 640 million that analysts expected. The company reported net income of $162 million, compared to a loss of $73 million a year ago.

Recommended

What Trump 2025 Means for Military Stocks - Ad

The Weight Loss Drug Story You're Not Being Told... - Ad

He Called Nvidia at 80 Cents. Here's His Next AI Pick... - Ad

NEW YORK (AP) — A simple, uncommon ritual starts each staff meeting at Myosin Marketing. When everyone is gathered , and before they get to the meat of the agenda, CEO Sean Clayton leads his team through .

Elon Musk's Mother Does Harris Impression During TV Appearance

Maye Musk, mother of Elon Musk, has sparked a flurry of reactions following her controversial imitation of Kamala Harris on Fox Business.

Is This Nvidia's Secret Weapon?

Is This Nvidia's Secret Weapon? - Ad

You've likely heard about Nvidia's incredible success in AI. But without this startup's technology, Nvidia's groundbreaking AI chips simply wouldn't be possible. It's still flying under the radar. That could change very soon with a major announcement on the horizon.

Many retailers offer 'returnless refunds.' Just don't expect them to talk much about it

It's one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too.

Robert Downey Jr. says he 'intends to sue' all future executives who use his AI replica

LOS ANGELES (AP) — doesn't think Marvel executives would ever recreate his portrayal of Tony Stark using artificial intelligence. But if they did, he would lawyer up — even posthumously.

Why Is Elon Keeping This Tesla Income Strategy Under Wraps?

Why Is Elon Keeping This Tesla Income Strategy Under Wraps? - Ad

Elon Musk has a lot of secrets... but here's one you won't believe: While Tesla doesn't pay a traditional dividend, there's a hidden way to collect up to 69% income from this stock every single year. Wall Street's just starting to catch on to this income opportunity, and it's only a matter of time before everyone else follows.

Will people leave Florida after devastating hurricanes? History suggests not

ORLANDO, Fla. (AP) — The news rippled through Treasure Island, Florida, almost like a third storm: The mayor planned to move off the barrier island a month after flooded tens of thousands of homes along the Gulf Coast and two weeks after also ravaged the state.

Trump To Joe Rogan: 'Biggest Mistake' Was Trusting 'Bad' And 'Disloyal' People

On Friday night, "The Joe Rogan Experience" podcast hosted by Joe Rogan finally aired its long-awaited episode with Donald Trump

Seven Unknown AI Stocks That Could Dominate the Next Six Years

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Joe Rogan Refutes Rumors Of YouTube 'Censoring' Trump Podcast Episode: 'It Should Be Fine Now'

Popular podcast host Joe Rogan has put to rest speculations that YouTube had suppressed an episode featuring former President Donald Trump.

UK Drug Deaths Reach Historic Highs As Advocates Urge Reform, Harm Reduction Policies

UK drug-related deaths hit record highs in 2023, sparking urgent calls for policy reform and harm reduction to combat this escalating crisis.

The Biggest Post-Election Market Shift Ever?

The Biggest Post-Election Market Shift Ever? - Ad

The post-election market rally played out almost exactly like he predicted. Here's what this 25-year Wall Street legend is calling for next.

A New York City law used to padlock suspected illegal pot shops is ruled unconstitutional

A law that New York City has relied on to padlock scores of suspected unlicensed marijuana shops is unconstitutional because it violates the rights of store owners, a judge ruled Tuesday.

Amazon Shares Surge In Pre-Market As Q3 Earnings Beat Expectations

This surge followed the announcement of third-quarter net sales hitting $158.9 billion, marking an 11% increase from the previous year.

Wall Street Legend Issues Inauguration Buy Alert

Wall Street Legend Issues Inauguration Buy Alert - Ad

If you've underperformed this raging bull market, if you've lost money or missed out... this is your final chance to potentially profit.

Listen to business owners and voters in Erie, Pennsylvania. They could help decide the White House.

ERIE, Pa. (AP) — It wasn’t much when he bought it, but Michael Hooks has made the old garage his own haven. And the city of Erie knows it. Half a dozen cars honk as they pass by one October afternoon, the people hanging out of car windows to wave hello at him.

Ardelyx Beats Q3 Sales Estimates, Shares Climb

Ardelyx reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report:

Sam Altman, Bill Gates and More Are Making Some Strange Investments

Sam Altman, Bill Gates and More Are Making Some Strange Investments - Ad

As a Silicon Valley insider, Michael Robinson's uncovered an even bigger story than AI... A mysterious investment that could be the savior of the tech industry. Big Tech executives -- including Sam Altman, Bill Gates and Mark Zuckerberg -- are throwing large sums of money at it. This is the next frontier of tech investing...

Trump's Historical Hiccup: A Tale Of MyPillow Guy Mike Lindell, Al Capone, And Confusion

Trump delivered a disjointed speech that included a bizarre tale about Mike Lindell and Al Capone, leaving the crowd puzzled but urging supporters to vote.

Colorado teen fights kidney failure after eating McDonald's Quarter Pounders

A 15-year-old high school freshman is hospitalized with severe complications of food poisoning after eating McDonald’s Quarter Pounder hamburgers three times in the weeks before was detected.

November 18th - The Biggest Crypto Event in History

November 18th - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on November 18th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

Air Mobility Stocks Prepare For Takeoff: Will Joby, Archer, Blade Soar Above Certification, Cash Challenges?

Investors are watching the skies—and the books—with a mix of excitement and caution over air mobility stocks.

What's Going On With Boeing Shares Tuesday?

Boeing shares are moving lower on Tuesday after the company reported a decline in October deliveries

50-Yr Wall Street Vet: "Everything Just Changed"

50-Yr Wall Street Vet: "Everything Just Changed" - Ad

50-year Wall Street legend reveals the exact stocks to buy -- and SELL -- before Inauguration Day.

A Palestinian-Israeli collective made one of 2024's most lauded docs. Will it be released in the US?

NEW YORK (AP) — Basel Adra, a Palestinian, and Yuval Abraham, an Israeli, spent five years making a movie that depicts daily life in Adra’s village under . The resulting film, has been hailed as one of the year's most powerful documentaries, winning prizes at international film festivals.

Michelle Obama Criticizes Trump At Michigan Harris Rally: 'Why On Earth Is This Race Even Close?'

Michelle Obama stepped onto the campaign trail in Michigan, expressing her support for Kamala Harris and blasting former President Donald Trump.

$2 Trillion Disappears Because of Fed's Secretive New Move

$2 Trillion Disappears Because of Fed's Secretive New Move - Ad

$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates. According to Dan Ferris, you should consider moving money to a unique "escape" investment right away.

South Dakota's Adult-Use Cannabis Legalization Ballot Sparks Major Funding Race

South Dakota's cannabis legalization vote sees nearly equal funding, with industry backing and strong local opposition shaping the debate.

Apple, Microsoft And 3 Stocks To Watch Heading Into Thursday

With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

Shocking Footage from Bill Gates' $100 Billion AI Project

Shocking Footage from Bill Gates' $100 Billion AI Project - Ad

Jeff Brown flew to Wisconsin to witness Bill Gates' $100 billion AI project firsthand. What he uncovered will blow your mind!

Jim Cramer Says Mark Zuckerberg Has 'Your Brain' As Meta Pours Billions Into Global Domination Strategy

Jim Cramer highlighted Meta CEO Mark Zuckerberg's unique marketing abilities, suggesting Zuckerberg's focus on dominance and precision targeting can create global impact, as Meta's strong Q3 earnings exceeded expectations despite some stock volatility.

The Best Post-Election Meme Coins? Not Dogecoin, Not Shiba Inu, But Cats And AI, Traders Say

Pseudonymous crypto trader Nachi has voiced strong confidence in Donald Trump winning the presidential election, resulting in a bullish outlook for AI-driven meme coins, particularly Goatseus Maximus (CRYPTO: GOAT).

The Only Defense Stock You Should Be Watching

The Only Defense Stock You Should Be Watching - Ad

In multiple wargames, U.S. forces were overwhelmed and unable to stop Chinese amphibious assaults from seizing the island. With tensions at a boiling point, the economic fallout could be devastating. Get the details on the weapons makers set to boom if war breaks out.

Final jobs report before election will likely offer a blurred view of labor market

WASHINGTON (AP) — Americans on Friday will get their last major look at the state of the U.S. economy — the October jobs report — just four days before Election Day. The view, though, is likely to be that left many workers temporarily off payrolls.

Michigan Pension Fund Invests $10M In Ethereum ETFs, Exceeds Bitcoin Holdings

The Michigan State Pension Fund has invested $10 million in Grayscale's Ethereum ETFs (NYSE:ETHE), making it one of the top holders of the product.

The Mysterious VC Firm Behind Nvidia's Secret Weapon

The Mysterious VC Firm Behind Nvidia's Secret Weapon - Ad

In 1999, Sutter Hill Ventures made a bold bet on Nvidia before anyone had heard of it. Now, they're going all-in on Nvidia's hush-hush partner that's powering their new Blackwell chip. Discover the little-known company that's attracting massive investments from the visionaries behind Nvidia's 100,000% rise.

Jim Cramer Warns Apple Stock Should Have 'Never Been Up That Much' After Q3 Earnings Even As This Analyst Defends iPhone 16 Launch

Jim Cramer argued that Apple's stock was overhyped prior to its forecast cut, suggesting the market is now more "reasonable," while Wedbush analyst Dan Ives praised Apple's strong iPhone 16 launch.

What's Going On With Oklo Stock Tuesday?

Oklo Inc. (NYSE:OKLO) shares are moving lower on Tuesday, pulling back from a recent surge in which several nuclear stocks rallied for multiple trading sessions. Despite the pullback, Oklo shares are still up approximately 175% over the past month. Here's what you need to know.

What Are You Hiding Elon?? (Tesla's Secret 69% Dividend)

What Are You Hiding Elon?? (Tesla's Secret 69% Dividend) - Ad

Tesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69% dividend from Tesla... Which could put up to $7,013 in your pocket every month... Starting NEXT MONTH! But if you want in, you better hurry... A new income opportunity like this won't fly under the radar for long.

US economy is believed to have grown at a solid pace again last quarter

WASHINGTON (AP) — Powered by consumer spending, the U.S. economy likely kept expanding at a healthy pace from July through September despite the pressure of still-high interest rates.

Trending Now