DoorDash makes a more permanent home in Toronto

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DoorDash sets up office in Toronto

TORONTO – The food delivery app; DoorDash (DASH: NYSE) announced the launch of a new office in Toronto to house its ever-growing Engineering team. This will be the company’s first International Engineering hub and serve as a model for similar hubs in future.

The move is part of a greater trend of tech companies, such as Netflix and Twitter, setting up operational headquarters in Canada’s most populous city.

Besides leveraging into Toronto’s talent pool, the expansion will also serve the growing merchant, consumer, and delivery teams across Canada. The company recently onboarded Qaiser Habib; a veteran engineering leader with extensive experience leading large engineering teams to head the expansion. According to Habib, the expansion will “bring a local perspective to these efforts, focusing on the needs of our Canadian customers”.

Altogether, the hub will seek to fulfill 50 full time Engineering roles who will work on critical business projects with a focus on expanding DoorDash’s reach and breadth of services throughout Canada.

In a news release on Wednesday, the company specified its core areas of focus:

  • Launching New Merchant Services
  • Scaling a Reliable, On-Demand Logistics App
  • Enhancing Online Ordering for Restaurants
  • Building a Leading Customer Loyalty Product

Ontario’s Premier Doug Ford congratulated the company on its growth. “As a leader in innovation and technology, DoorDash is set up for success in Ontario,” said Premier Ford. “We are laying the foundation for a strong economic recovery in Ontario and companies like DoorDash will play a significant role in our future success. With our deep pool of talent and commitment to cutting red tape, Ontario will once again be the best jurisdiction in the world to do business.”

DoorDash shares have risen over recent days, as investors dismiss the company’s wider-than-expected quarterly losses blamed on short-term lack of delivery drivers. The company also posted a cheery outlook, raising its forecast as consumer demand continues to outstrip its previous estimates.

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