DoorDash Shares Slump 10% After Amazon-Uber Eats Partnership
DoorDash shares fell 10% Thursday after Amazon and Uber Technologies announced a partnership offering Prime members free Uber Eats delivery on restaurant orders of $25 or more placed through Amazon’s website or app.
Shares of DoorDash (DASH) slumped 10% on Thursday after rivals Amazon (AMZN) and Uber Technologies (UBER) struck a partnership giving Amazon Prime members free delivery on Uber Eats restaurant orders of $25 or more when placed directly through Amazon’s website or app.Under the arrangement, which to…