By Onsdoordash Coo
Copyright indiatimes
DoorDash President and COO Prabir Adarkar sold 30,000 shares of Class A Common Stock on September 29, 2025. The shares sold at prices between $268.05 and $272.144, totaling about $8.1 million. The sale happened while DoorDash’s stock trades near its 52-week high of $278.15, giving investors a 91% return over the past year.DoorDash financial health and COO stock movesAccording to InvestingPro analysis, DoorDash has a financial health score of 3.1 out of 5, which is considered “GREAT”. The sales were part of a pre-arranged Rule 10b5-1 trading plan, which Adarkar set up on June 6, 2024. On the same day, Adarkar exercised options to buy 30,000 shares of Class A Common Stock at $7.16 per share, spending a total of $214,800. After these transactions, Adarkar now owns 914,547 shares of DoorDash Class A Common Stock, as reported by investing.com.New delivery robots and partnershipsDoorDash recently launched its first commercial autonomous delivery robot, Dot, which can navigate bike lanes, roads, and sidewalks to help local businesses with deliveries. The company formed a partnership with Kroger, adding about 2,700 stores to DoorDash’s platform starting October 1. DoorDash introduced DashMart Fulfillment Services, a new business model that lets retailers like CVS Pharmacy and Party City expand delivery without handling their own logistics, as per the report by investing.com.Kroger is also expected to join DashMart Fulfillment Services soon. DoorDash launched the “Going Out” feature, which includes reservations, in-store rewards, and exclusive offers to improve in-person dining experiences. Live EventsThe company partnered with Yelp to expand restaurant delivery, giving Yelp users access to over 500,000 restaurants in the U.S. via DoorDash. This Yelp partnership allows users to move easily from reading restaurant reviews to placing delivery orders. Overall, these moves show DoorDash’s efforts to expand services and improve customer experience, as per the report investing.com.FAQsQ1. Why did DoorDash COO Prabir Adarkar sell his shares?He sold 30,000 shares as part of a pre-planned trading plan while the stock was near its 52-week high.Q2. What new services has DoorDash launched recently?Add as a Reliable and Trusted News Source Add Now!
DoorDash launched the Dot delivery robot, DashMart Fulfillment Services, “Going Out” feature, and partnered with Kroger and Yelp to expand deliveries.(You can now subscribe to our Economic Times WhatsApp channel)
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News ondoordashDoorDashDoorDash stock saleDoorDash Dot robotDoorDash Kroger partnershipDashMart Fulfillment ServicesDoorDash delivery expansionDoorDash Yelp partnershipDoorDash new featuresDoorDash Going Out feature(Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates….moreless
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