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What's Going On With DoorDash & Dollar General Stock Today?
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What's Going On With DoorDash & Dollar General Stock Today?
Mar 18, 2025 10:26 AM

DoorDash, Inc. ( DASH ) shares saw a dip on Tuesday following the announcement of a new collaboration with Dollar General Corporation ( DG ) .

This new partnership will bring SNAP/EBT payment capabilities to more than 16,000 Dollar General ( DG ) stores on the DoorDash Marketplace, nearly doubling the number of stores that accept SNAP/EBT payments to over 35,000 across the U.S.

Tony Rogers, SVP and Chief Marketing Officer at Dollar General ( DG ), highlighted that the partnership serves to further Dollar General’s mission of serving communities and providing more affordable, accessible grocery options.

Fuad Hannon, VP of New Verticals at DoorDash ( DASH ), emphasized that the company’s commitment to combating food insecurity is at the core of its mission.

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The partnership will help bridge gaps for those with health or mobility challenges, ensuring access to fresh, affordable groceries.

Additionally, DoorDash ( DASH ) is offering a discounted DashPass plan for SNAP/EBT recipients, providing benefits like $0 delivery fees and exclusive offers for just $4.99/month.

This collaboration helps strengthen DoorDash’s position as one of the largest online marketplaces offering SNAP/EBT payment options for grocery delivery across the country.

Earlier this month, DoorDash ( DASH ) joined the S&P Dow Jones Indices.

Last month, the company reported fourth-quarter results, where total orders increased 19% year-over-year to 685 million, and Marketplace GOV increased 21% year-over-year to $21.3 billion.

DoorDash ( DASH ) said it expects adjusted EBITDA as a percentage of Marketplace GOV to increase from Q1 to Q2 and again from Q2 to Q3.

According to Benzinga Pro, DASH stock has gained over 43% in the past year. Investors can gain exposure to the stock via Franklin Disruptive Commerce ETF .

Price Action: DASH shares are trading lower by 2.22% to $185.64 at last check Tuesday, while DG shares are trading higher by 1.11% to $80.74.

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