DoorDash Launches Alcohol Delivery, Taking on Uber/Drizly
Your daily head start in the business of tech + filtered + focused
The most important thing in tech today is …
DoorDash launching alcohol delivery in 20 states and Washington, D.C.
The move is sure to send shockwaves in both the restaurant and delivery businesses. For restaurants, on-premise alcohol is a high-margin offering many are relying on for post-pandemic comebacks. For delivery, this opens a new front in the war between DoorDash and Uber, which announced plans to buy alcohol specialist Drizly earlier this year for $1.1 billion.
There’s more: DoorDash is combining grocery delivery with restaurant delivery for the first time, with Albertsons as a partner; it’s also adding several regional grocers to the platform. New adds include Cardenas Markets, Weis Markets and Lowes Foods.
I’m writing this morning’s newsletter from a Las Vegas hotel room, because in a couple of hours I’ll be interviewing DoorDash CEO Tony Xu both on stage at the Groceryshop conference, and on CNBC’s TechCheck. Tune in.
Coming up today on CNBC’s TechCheck, 11 a.m. ET / 8 a.m. PT …
DoorDash CEO Tony Xu
While you were sleeping …
Microsoft is preparing to launch a new Surface Pro 8 model next week, and a leak appears to have revealed exactly what to expect. Twitter account Shadow_Leak has published a photo of the Surface Pro 8 from what appears to be a retail listing. The account claims the Surface Pro 8 will ship with a new 13-inch 120Hz display with narrow bezels and two Thunderbolt ports. The Verge
Until recently, Amazon put two or three sponsored products at the top of search results. Now, there may be as many as six sponsored products that appear ahead of any organic results, with more promotions elsewhere on the page, said Juozas Kaziukenas, who runs e-commerce research firm Marketplace Pulse. CNBC
In the broader world …
U.S. stock futures began the week deeply in the red as investors continued to move to the sidelines in September amid several emerging risks for the market. Futures on the Dow Jones Industrial average lost 640 points, or 1.9%. S&P 500 futures fell 1.6%. Nasdaq 100 futures dropped 1.5%. CNBC