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Twilio to buy text messaging platform Zipwhip for $850 million

Twilio to buy text messaging platform Zipwhip for $850 million
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DoorDash raises growth forecast as food delivery demand remains resilient

DoorDash raises growth forecast as food delivery demand remains resilient
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Second-hand apparel retailer ThredUp s bigger loss shreds shares

2 Min Read (Reuters) -Online second-hand apparel retailer ThredUp Inc on Wednesday posted a bigger-than-expected quarterly loss in its first report as a public company and warned of clothing budgets remaining constrained even as the U.S. economy reopens. The company’s shares tumbled 10% in extended trading as investors shrugged off a revenue beat and focused on surging costs. The stock has gained more than 43% since the late-March debut as investors bet on a sharp growth fueled by younger customers increasingly looking past the stigma of second-hand products and rooting for sustainability. To support that growth, ThredUp is spending rapidly on new distribution centers, marketing and automation.

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DoorDash raises key growth forecast after surge in first-quarter revenue

DoorDash raises key growth forecast after surge in first-quarter revenue
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

United statesShailesh kuberUday sampathGrubhub incDoordash incPostmates incDash incUber eatsஒன்றுபட்டது மாநிலங்களில்ஷைலேஷ் குபர்ஊடாய் சம்பத்தூர்தஷ் இன்க்கோடு இன்க்உபேர் சாப்பிடுகிறது

UPDATE 1-DoorDash raises key growth forecast after surge in first-quarter revenue

UPDATE 2-DoorDash raises growth forecast as food delivery demand remains resilient Reuters 1 hr ago Popular Searches May 13 (Reuters) - DoorDash Inc raised its forecast for annual gross order value on Thursday, as stimulus checks helped keep food delivery demand resilient in the first quarter even as vaccinations and an easing of restrictions encouraged people to dine out again. However, DoorDash said those same government benefits were partly responsible for delivery drivers working fewer hours in the quarter, reducing the number of deliveries it was able to make. The company, along with rivals Uber Eats and Grubhub Inc have benefited from a surge in demand for app-based delivery services in the last year as the COVID-19 situation kept people at home.

United statesShailesh kuberUday sampathGrubhub incDoordash incPostmates incDash incUber eatsஒன்றுபட்டது மாநிலங்களில்ஷைலேஷ் குபர்ஊடாய் சம்பத்தூர்தஷ் இன்க்கோடு இன்க்உபேர் சாப்பிடுகிறது