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DoorDash's Job Postings Hint Towards Germany Foray: FT


Benzinga | May 18, 2021 10:05AM EDT

DoorDash's Job Postings Hint Towards Germany Foray: FT

* DoorDash Inc's (NYSE: DASH) fifteen job postings on management, strategy, and recruitment positions in Berlin insinuate towards its Germany foray, the Financial Times reports.

* Previously, Uber Technologies Inc (NYSE: UBER) had disclosed about the launch of Uber Eats food service in Germany beginning from Berlin.

* Delivery Hero also plans to re-enter the country under its Foodpanda brand, and Finland's Wolt has recently entered the market too.

* The new entrants threaten to disrupt the historical dominance of Just Eat Takeaway.com (OTC:TKAYF) in the last two years.

* DoorDash has refused to comment on the job postings or its expansion plans in Germany. It was reportedly looking at European acquisition targets.

* The job posting for Germany's general manager requires a candidate with the ability to develop a playbook for quicker entry into other markets.

* The head of policy and government relations position require someone familiar with Germany's political and regulatory environment and at the EU level.

* Uber's food couriers in Berlin would be employed by fleet management companies, like minicab groups contracted by Uber and paid per order.

* DoorDash has diversified from online food to convenience items like toiletries, flowers, and alcohol. It has initiated store pickups and runs a network of over 25 Dashmarts warehouses.

* Gorillas and Flink are the two rapid delivery apps based in Berlin.

* Turkey's Getir is also planning a Berlin launch.

* Price action: DASH shares traded higher by 5.22% at $140.78 on the last check Tuesday.







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