DoorDash, Inc. (DASH) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that DoorDash, Inc. surfaced in its latest filing.

• During the quarter ended December 31, 2023, we recorded an impairment of $101 million associated with non-marketable equity securities acquired in connection with strategic investments.2023-12-31
• In October 2025, we identified and disclosed a cybersecurity incident involving a social engineering scheme that enabled unauthorized access to certain internal systems and limited contact information of merchants, consumers, and Dashers.2025-10
• In 2025, we announced a multi-year initiative to develop a new global technology platform for product development and operations.2025
• Milan Public Prosecutor placed Italian operations under temporary judicial administration in February 2026 pending investigation into Deliveroo’s rider pay practices.2026-02
• EU's Platform Work Directive entered into force in December 2024, requiring member states to enact new national laws for platform worker classification.2024-12
• In December 2023, a New York City rule mandating minimum earnings standards for certain food delivery workers took effect.2023-12
• In February 2025, Uber filed a lawsuit in California state court alleging that certain of DoorDash's business practices are anticompetitive.2025-02
• The Restated Credit Facility (as of August 5, 2026) limits our ability and/or certain subsidiaries' ability to incur indebtedness, grant liens, and undergo certain fundamental changes.2026-08-05
• As of August 5, 2026, there were no revolving loans outstanding and $84 million in aggregate face amount of letters of credit issued under the Restated Credit Facility.2026-08-05
• Tony Xu holds 54% voting power as of June 30, 2026, potentially increasing to 63% if all Co-Founder equity awards vest and exchange to Class B.2026-06-30
• In February 2025, we announced a share repurchase program of up to $5.0 billion for our Class A common stock.2025-02
• We have $2.75 billion in aggregate principal amount of indebtedness outstanding under our 2030 Notes, which are convertible into shares of our Class A common stock.
• We entered into convertible note hedge transactions and warrant transactions with certain financial institutions in connection with the issuance of the 2030 Notes.