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News

DoorDash Takes In Lowe's As First Home Improvement Retail Partner

Author: Shivani Kumaresan | April 01, 2024 09:21am

Commerce platform DoorDash Inc (NASDAQ:DASH) has entered into a new partnership with Lowe’s Companies Inc (NYSE:LOW) to provide on-demand delivery from over 1,700 stores nationwide

The partnership earmarks DoorDash’s first foray into the home improvement category.

“Just in time for spring, consumers can shop for everything from gardening tools to spring cleaning essentials,” said Fuad Hannon, VP of New Verticals at DoorDash.

“Our partnership enables consumers with quick access to must-have tools and last-minute materials to complete projects of all sizes.”

Lowe’s products can now be purchased directly on the DoorDash app, helping consumers with same-day delivery.

All participating Lowe’s stores will also be available on DashPass, DoorDash’s membership program, offering members with a $0 delivery fee.

DoorDash has more than 150,000 non-restaurant stores across its Marketplaces and Platform Services, globally.

Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates.

Price Action: DASH shares are trading higher by 0.25% at $138.07 in premarket on the last check Monday.

Photo by Diego Thomazini on Shutterstock

Posted In: DASH LOW

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