DoorDash is hiking delivery fees for Big Apple customers and restaurants alike to offset the costs of recent minimum wage hikes for delivery workers, New York Post’s Lisa Fickenscher reports. One month after legislation forced the food delivery apps to pay workers a higher hourly minimum wage, DoorDash informed restaurants that they will be paying a higher commission rate effective Wednesday, according to a memo obtained by The Post.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on DASH:
- Needham Internet analyst to hold an analyst/industry conference call
- DoorDash price target raised to $119 from $103 at BofA
- Buy/Sell: Wall Street’s top 10 stock calls this week
- DoorDash price target raised to $105 from $102 at Wells Fargo
- DoorDash price target raised to $109 from $103 at Goldman Sachs
