financetom
Business
financetom
/
Business
/
Home Depot Partners With Uber Eats, DoorDash to Expand Delivery Options
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Home Depot Partners With Uber Eats, DoorDash to Expand Delivery Options
Jan 22, 2025 11:56 AM

02:42 PM EST, 01/22/2025 (MT Newswires) -- Home Depot ( HD ) announced new partnerships with Uber ( UBER ) and DoorDash's ( DASH ) delivery services on Wednesday, expanding its one-hour delivery options for home improvement shoppers.

Uber Eats and DoorDash ( DASH ) will join the home improvement retailer's existing third-party delivery partner Maplebear (CART) in providing deliveries in as little as one hour, according to Home Depot ( HD ). Home Depot ( HD ) will continue to provide same-day delivery directly through its website.

Maplebear does business as Instacart.

The service will be available to Home Depot's ( HD ) do-it-yourself and Pro customers across 2,000 stores through Uber Eats and DoorDash ( DASH ) apps.

"We've never been faster or more efficient at delivering the products our customers need through HomeDepot.com," Jordan Broggi, Home Depot's ( HD ) president of online operations, said in a statement. "Our expanded e-commerce capabilities make it easier than ever to shop and receive your order when and where you need it."

Shares of Home Depot ( HD ) slid 2% in afternoon trade, while Instacart's fell 3%. Uber's ( UBER ) stock edged higher, while DoorDash ( DASH ) was little changed.

Mike Goldblatt, DoorDash's ( DASH ) vice president of new verticals partnerships, said deliveries could cover items including nails, screw heads and drill bits. DoorDash ( DASH ) expanded the selection of products available on its app to include apparel, home improvement, and arts and crafts in 2024, it said.

Orders will also include gardening supplies, Uber ( UBER ) said in a separate statement. The partnership enables Uber ( UBER ) to serve consumers through delivery in "even more aspects of their lives," said Hashim Amin, Uber Eats' head of North American grocery and retail delivery.

Home Depot ( HD ) is scheduled to report results for the fiscal fourth quarter and full year on Feb. 25. For the third quarter, revenue rose 6.6% to $40.22 billion, while adjusted earnings per share dipped to $3.78 from $3.85.

Price: 409.85, Change: -8.58, Percent Change: -2.05

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Honeywell International's Q4 Adjusted Earnings Fall as Net Sales Rise; Sets 2025 Guidance
Honeywell International's Q4 Adjusted Earnings Fall as Net Sales Rise; Sets 2025 Guidance
Feb 6, 2025
06:19 AM EST, 02/06/2025 (MT Newswires) -- Honeywell International ( HON ) reported Q4 adjusted earnings Thursday of $2.47 per diluted share, down from $2.69 a year earlier. Analysts polled by FactSet expected $2.32. Net sales for the quarter ended Dec. 31 were $10.09 billion, compared with $9.44 billion a year earlier. Analysts surveyed by FactSet expected $9.84 billion. Honeywell...
Lincoln National's Q4 Adjusted Earnings, Revenue Rise
Lincoln National's Q4 Adjusted Earnings, Revenue Rise
Feb 6, 2025
06:16 AM EST, 02/06/2025 (MT Newswires) -- Lincoln National ( LNC ) reported Q4 adjusted earnings Thursday of $1.91 per diluted share, up from $1.47 a year earlier. Analysts polled by FactSet expected $1.76. Revenue for the quarter ended Dec. 31 was $5.06 billion, compared with $700 million a year earlier. Analysts surveyed by FactSet expected $4.68 billion. ...
Siemens Healthineers says it would welcome stake reduction by Siemens
Siemens Healthineers says it would welcome stake reduction by Siemens
Feb 6, 2025
(Reuters) - Siemens Healthineers' CEO said on Thursday that the medical-technology company had a very positive view on considerations by parent Siemens to reduce its stake. A higher free float would be very good for the company in the long term as well as for the share price, Healthineers CEO Bernd Montag said in a call after the release of...
BRIEF-Wishpond Patents Human Takeover Tech For Automated AI Call Agents And Comments On Trade And Tariffs Impact
BRIEF-Wishpond Patents Human Takeover Tech For Automated AI Call Agents And Comments On Trade And Tariffs Impact
Feb 6, 2025
Feb 6 (Reuters) - Wishpond Technologies Ltd ( WPNDF ): * WISHPOND FILES PATENT FOR HUMAN TAKEOVER TECHNOLOGY FOR AUTOMATED AI CALL AGENTS AND PROVIDES COMMENTARY ON TRADE AND TARIFFS IMPACT * WISHPOND TECHNOLOGIES LTD ( WPNDF ) - BUSINESS UNAFFECTED BY U.S.-CANADA TRADE UNCERTAINTIES * WISHPOND TECHNOLOGIES LTD ( WPNDF ) - EXPECTS NO MATERIAL IMPACT FROM U.S.-CANADA TRADE...
Copyright 2023-2025 - www.financetom.com All Rights Reserved