DoorDash raises minimum pay to $29.93 per hour in NYC

Re:DoorDash raises minimum pay to $29.93 per hour in NYC by WendyTheWillow on Monday December 04, 2023 @04:24PM (#38523313)

Because it’s not true anymore, and complaining about high prices for a service that is just moving up market kind of ignores the reality that a business can make fewer sales if its margins on the remaining sales are sufficiently high, which is exactly what has happened.

In other words, delivery apps went through the “burn vc money” phase already, and are now focusing on profitability, and successfully so.

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Re:DoorDash raises minimum pay to $29.93 per hour in NYC by lokar on Monday December 04, 2023 @05:08PM (#38523845)

I just opened the DoorDash app. A ton of fast food ads/offers

I have not eaten fast food in like 10 years, and never had it delivered.

Not really up market imo.

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Re:DoorDash raises minimum pay to $29.93 per hour in NYC by mym1990 on Tuesday December 05, 2023 @11:37AM (#38533171)

Food delivery products and companies are definitely not moving up market. Valuations have plummeted and many are still struggling to turn a profit despite layoffs and cutbacks.

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Re:DoorDash raises minimum pay to $29.93 per hour in NYC by WendyTheWillow on Tuesday December 05, 2023 @01:37PM (#38535081)

I'm curious; what do you think "moving up market" means? Does it mean "becoming a company that has a higher market cap and/or is more profitable" or does it mean, "Targeting a wealthier customer"?

Because what you've listed would suggest you believe it means the former, which isn't accurate (it's the latter). Maybe I misunderstand, though.

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