Earnings
DoorDash CEO Puts Third-Party AI Agent Orders At 'Several Hundred' In Total
Tony Xu says everyday ordering still runs through the DoorDash app, and the CFO targets $500 million in net synergies from Instacart in year three.
DASH
DoorDash (DASH) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
DoorDash Lines Up A $13.0 Billion Bridge Loan For Instacart And Pauses Buybacks
The 10-Q shows no repurchases last quarter and a JPMorgan loan commitment of up to $13.0 billion behind a roughly $17 billion deal.
Deals
DoorDash Agrees To Buy Instacart At $65 A Share, With A $1.25 Billion Antitrust Break Fee
The roughly $17 billion deal is at least 75% cash, backed by a bridge loan of up to $13.0 billion from JPMorgan.