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Rivian Bike Spinoff Lands $1 Billion Valuation, DoorDash Partnership

Also, an electric bike and transportation startup spun out of Rivian Automotive Inc., has reached a $1 billion valuation in a new funding round, and has struck a partnership with DoorDash Inc. to work on autonomous deliveries.

An Also TM-B electric bike at the company's headquarters in Palo Alto, California, US, on Tuesday, Oct. 14, 2025. Also, the micromobility startup spun out of Rivian Automotive Inc., has unveiled its first consumer product: an electric bike that will cost up to $4,500. Photographer: Jason Henry/Bloomberg
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DoorDash’s New Paid Tasks Turn Couriers Into AI and Robot Trainers

DoorDash Inc. is paying delivery couriers in some markets to submit video clips and complete other digital tasks to help improve artificial intelligence and robotics models, following competitors that have found creative new uses for gig workers in the AI boom.

A delivery worker carries a DoorDash bag in New York, US, on Monday, April 29, 2024. DoorDash Inc. is scheduled to release earnings figures on May 1.
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DoorDash to Exit Four Asian Countries as Competition Heats Up

DoorDash Inc. is pulling out of four countries in Asia, a sign that fierce competition and thin margins across food delivery are weighing on its overseas ambitions.

A DoorDash bag in the Brooklyn borough of New York, US, on Thursday, Jan. 15, 2026. The New York Department of Consumer and Worker Protection sent notices to major food-delivery platforms including Uber Eats, DoorDash, Grubhub and Instacart, warning them to comply with new worker protections taking effect later this month.
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Citrini Report Author Sees AI Disrupting Global Economy

Governments should consider taxing incremental or windfall gains from AI to help offset the impact of job losses, according to Alap Shah, chief investment officer of Lotus Technology Management and co-author of a Citrini Research report highlighting potential tech disruption. Shah says the market reaction to his report was “definitely larger than we expected.” (Source: Bloomberg)

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DoorDash Gains After Projecting Order Growth Topping Estimates

DoorDash Inc. shares gained in extended trading after giving an outlook for orders in the current quarter that surpassed Wall Street’s expectations, a testament to its efforts to expand business beyond restaurant takeout.

A bicycle with a DoorDash bag in New York, US, on Tuesday, May 6, 2025. In a matter of five hours, the US delivery firm DoorDash Inc. announced two multibillion-dollar acquisitions that stand to turn what is already the largest food-delivery service in the US into a formidable global player.
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1-800-Flowers CEO on Retail Expansion Strategy

Adolfo Villagomez, CEO of 1-800-Flowers.com, discusses the company’s performance and outlook ahead of Valentine’s Day, its third-biggest holiday after Christmas and Mother’s Day, as the company marks its 50th anniversary. He speaks with Katie Greifeld and Bailey Lipschultz on "The Close." (Source: Bloomberg)

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DoorDash Tests AI Social App to Help Users Find Restaurants

DoorDash Inc. is experimenting with a standalone artificial intelligence-powered app for users to find new restaurants, expanding its reach beyond its flagship food-delivery service.

DoorDash’s new app, Zesty, gives AI-powered restaurant recommendations and lets users browse posts made by others. The app has been released for public testing in New York and San Francisco.
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DoorDash, Uber Sue NYC Over Upfront Tips Prompt Mandate

Rivals DoorDash Inc. and Uber Technologies Inc. jointly sued New York City to block requirements that the delivery tipping option be available at the time of checkout and set to at least 10%, which the companies worry could worsen sticker shock for inflation-weary consumers.

A delivery worker carries a DoorDash bag in New York. Photographer: Yuki Iwamura/Bloomberg
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