DoorDash reported second-quarter revenue of $4.5 billion, up 36% and exceeding the $4.34 billion analyst estimate. Adjusted EBITDA rose 40% to $914 million, whilst total orders reached 970 million. However, net income fell 30% to $200 million, impacted by higher legal, tax, and regulatory costs and a 52% increase in research and development spending. Much of the revenue growth came from Deliveroo, the UK delivery firm DoorDash acquired. Excluding Deliveroo, revenue rose 24%. Free cash flow more than doubled to $742 million from $355 million year-on-year. DoorDash has bought back $1.05 billion of stock this year. For the third quarter, the company guided to adjusted EBITDA of $950 million to $1.1 billion.

Padel group backed by Arbor Ventures targets UK-wide growth under new leadership team. 30 Jul 2026, 06:00 An open-air padel court operator backed by Arbor Ventures - the family office of serial entrepreneur Chris Mathias - has appointed leisure and real estate business Stärka to secure a portfolio of sites across the UK as the business looks to expand under a new leadership team and name. Following its appointment by Atmos Padel, Stärka will focus on locations between 13,000 sq ft to 15,000 sq ft, which is the optimum size range to accommodate up to five courts and a club house. It will prioritise unused or under-utilised land in densely populated areas served by good transport infrastructure. The team will also be targeting retail and leisure parks. David Bell, co-founder of Stärka, said: "The Atmos concept is bold, which matters in a market where 'me too' is fast becoming the norm. The differentiation of the product, the vision of the team, and the long-term financial backing make for a unique combination, one that is already raising a lot of interest among landlords and landowners. "The sky is the limit for Atmos, and it is great to be part of the team." The appointment of Stärka marks a new chapter for Atmos Padel, which was formerly known as Padel Project UK and operates five sites. Its latest location is set to open this summer in Queens Park Sports Centre in Chesterfield. The company has also appointed a new leadership team with significant experience in scaling multi-site, early-stage consumer businesses. Ben Lacey, formerly a managing director in the hospitality industry and Deliveroo commercial exec, has joined as chief executive. He is supported by Malcolm Kilpatrick as head of property, and Adam Holman as head of padel operations, who are ex-Savills and ex-David Lloyd respectively. The team is bolstered further by Tom O'Brien as head of marketing, who holds more than ten years in hospitality in property marketing, and Emma Gibson who has more than ten years' experience in start-up finance and central operations leadership. The board of directors also includes Erik Van Meeteren, who previously scaled a budget gyms business across Europe. Lacey said: "Our mission is to democratise padel by building a portfolio of affordable facilities that provide the best quality courts and facilities to enable free-flowing games that can be enjoyed by everyone, regardless of age, ability or personal circumstances. "As we grow, we need to work with partners that share our different perspective and match our ambition. "We have that and more in Stärka." Atmos Padel's existing locations are in Darlington, Lytham St Annes, Potters Bar, South Sheilds, and Worthing.

Deliveroo Media launches programmatic on-site ads through Google Ad Manager. Deliveroo Media has launched programmatic ads on its Order Tracker page for the first time through Google Ad Manager. London, 27th July 2026: Deliveroo Media has launched programmatic ads on its Order Tracker page for the first time through Google Ad Manager. The Order Tracker page is a high reach ad placement within the Deliveroo app, offering brands the potential for high engagement video or display ad campaigns since 2023. Data from Deliveroo Media shows consumers check the app's Order Tracker page up to six times per order*, creating a high-frequency ad interface for brands to reach an engaged audience. Available across four of Deliveroo Media's key geographies: the UK, France, Italy and the UAE - advertisers can now purchase post-checkout ads on Deliveroo's Order Tracker via Programmatic Guaranteed deals. These can be activated directly from advertisers' existing DSP, including Display & Video 360, The Trade Desk and Amazon DSP providing greater access and buying flexibility. Catalina Salazar, Global Head of Advertising at Deliveroo and Wolt, said: "Programmatic is where advertisers and agencies already spend their time, and increasingly their budgets. By making our highest-reaching ad space available through Google Ad Manager, we're removing the friction between where brands want to buy and where their customers demonstrate intent and engagement, giving them guaranteed, high-attention moments at scale." Sami Chheng, Head of Commerce Media at Google, said: "We are thrilled to partner with Deliveroo as they open up previously unreachable, high-attention inventory to programmatic buyers. By bringing premium placements like Deliveroo's Order Tracker into Google Ad Manager, we're combining real-time, 1st-party intent with world-class infrastructure, enabling brands to seamlessly reach consumers during moments of peak engagement...and hunger." As Deliveroo Media continues its investment in innovation to benefit advertisers, two further new features are set to launch in the coming months. 'First Party Audiences' will enable advertisers to combine the reach of the Order Tracker ad surface with Deliveroo's first-party audience segments, allowing brands to reach the customers who matter most to their campaign. The second, 'Cuisine Signals', adds a new layer of real-time contextual targeting, available only through programmatic buying. This tool enables advertisers to tailor advertising to the exact type of food a customer has ordered. For example, a travel brand advertising a holiday in Italy could choose to advertise in the context of Italian cuisine. Deliveroo Media launched in 2025 and now sits alongside DoorDash and Wolt as one of the fastest-growing commerce media networks globally, reaching over 56 million monthly active users across more than 40 countries. To mark the launch of programmatic ads, Deliveroo Media is offering media agencies and non-endemic advertisers in the UK, France, Italy and the UAE 20% off local rate cards on programmatic campaigns booked between July and September 2026. * Deliveroo Internal Data, Jan-Jun 2026, All Markets ENDS