Food Delivery Apps Like Uber Eats and DoorDash Are Suing NYC Over Restaurant Fee Cap
Business

Food Delivery Apps Like Uber Eats and DoorDash Are Suing NYC Over Restaurant Fee Cap

Three of the major food delivery apps in the US are suing NYC over a new law that would limit how much they can fee restaurants for their service. According to them, this would force them to compensate for their margins on end consumers.
DoorDash Wants to Get a $27 Billion IPO Valuation
Money

DoorDash Wants to Get a $27 Billion IPO Valuation

With a sharp increase in valuations and profits due to the pandemic, the food delivery startup will debut as of one of the highest profile IPOs this year, expecting to sell 33 million shares.

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