DoorDash Canada And Staples Canada Partner For On-Demand Delivery
Portfolio Pulse from Happy Mohamed
DoorDash Canada and Staples Canada have announced a nationwide partnership to provide on-demand delivery of back-to-school and workplace essentials. The partnership will give customers access to over 290 Staples locations and over 38,000 back-to-school essentials via the DoorDash app. DoorDash is also offering a promotion of 30% off orders $25+ (up to $10) until August 30 from select retailers. Products are also available via DashPass, DoorDash’s subscription program that offers $0 delivery fees on eligible orders.
August 17, 2023 | 2:22 pm
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DoorDash's new partnership with Staples Canada could increase its customer base and usage, potentially boosting its revenues. The promotional offer could also attract new customers to its DashPass subscription program.
The partnership with Staples Canada expands DoorDash's service offerings and reach, potentially attracting more customers and increasing usage of its platform. The promotional offer could also incentivize more customers to subscribe to its DashPass program, which could lead to a steady stream of recurring revenue. Both these factors could have a positive impact on DoorDash's stock in the short term.
CONFIDENCE 85
IMPORTANCE 75
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