The New York Times reports that, should the legislation pass, delivery apps such as Uber Eats, Grubhub, DoorDash, and Postmates will be capped at charging restaurants no more than 10% commissions (current charges are often between 15% and 30%) and require licenses through the city, which could be revoked for infringements. The guidelines would apply only to apps that deliver for more than 20 separately owned restaurants. The bills will undergo a public hearing in April. … [Read more...] about NYC first to crack down on Grubhub, Uber Eats, DoorDash, Postmates, and others
City council woman
“We’ve got a propaganda machine going. After we were involved in this film 180 Degrees South [a 2010 documentary retracing Chouinard’s 1968 journey from Ventura, California, to Patagonia, Chile] and then DamNation [Patagonia’s 2014 movie about the damage dams can do], we realized the power that we have in film. I had no idea. With DamNation, we got the whole Obama administration to rethink hydropower. They no longer considered it green energy. Now it’s back, of course, with Trump, but that was it; they said hydropower is not green energy, and that was as a result of our film. We recognize that people make decisions based on emotion, and the best way to elicit emotion is through film. It’s not through books or catalogs or speeches. So we’re in the film business. We’re working on 10 films at a time these days. Some of them don’t make a cent. But that’s not the purpose.” … [Read more...] about Patagonia’s new film celebrates activists fighting urban oil drilling in L.A.
DoorDash today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions. … [Read more...] about DoorDash has taken the first steps toward filing for its IPO