DoorDash announced that its partnership with autonomous‑delivery firm Coco Robotics will now include the Miami market, adding robot‑driven deliveries to its DashMart grocery platform. The move follows successful pilots in Los Angeles and Chicago, where Coco’s robots completed more than 14,000 deliveries as part of the DashMart pilots. The new arrangement will allow Coco’s fleet to fulfill select orders from DoorDash’s DashMart sites, delivering groceries and everyday essentials to Miami customers while opening the door for national grocers and retailers to use DoorDash’s fulfillment services for the first time.
Coco Robotics has already completed over 500,000 zero‑emission deliveries across a range of partnerships and locations and is on track to deploy more than 10,000 robots by 2026. The company recently secured $80 million in strategic financing, bringing its total capital raised to over $120 million, which will support the expansion of its AI platform and fleet scale. The partnership’s entry into Miami is a key step in Coco’s plan to bring autonomous delivery to a broader set of U.S. cities.
DoorDash’s broader strategy is to integrate multiple delivery modes—human couriers, drones, and autonomous robots—to improve operational efficiency, reduce emissions, and ease traffic congestion. The company’s Q3 2025 earnings, released on November 5, showed revenue of $3.4 billion, up 27% year‑over‑year, beating analyst estimates of $3.35 billion. Total orders rose 21% to 776 million, also beating expectations. However, earnings per share of $0.55 fell short of the consensus range of $0.68–$0.69, reflecting the impact of higher investment costs and a modest increase in operating expenses. Adjusted EBITDA rose to $754 million, up 41% year‑over‑year, and the margin of 3.0% of marketplace gross‑volume grew from 2.7% in Q3 2024, driven by stronger advertising revenue and improved logistics efficiency.
Management explained that the EPS miss was largely due to the company’s commitment to significant product‑development spending in 2026, which will support the expansion of its AI and autonomous delivery capabilities. “We wish there was a way to grow a baby into an adult without investment, or to see the baby grow into an adult overnight, but we do not believe this is how life or business works,” the CEO said, underscoring the long‑term focus on innovation. Harrison Shih, Head of Product for DoorDash Labs, added, “We’re thrilled to broaden our partnership with Coco Robotics to Miami, bringing the convenience of autonomous delivery to everything from weekly grocery hauls to late‑night cravings through DashMart.”
Investors reacted cautiously to the earnings release, with many expressing concern over the announced increase in 2026 spending. The guidance for higher product‑development costs outweighed the positive revenue and order growth, leading to a muted market response. Despite this, analysts noted that the company’s strong demand in core segments and its continued investment in autonomous technology position it well for long‑term growth, while the expansion into Miami represents a tangible step toward that strategy.
The partnership’s entry into Miami also signals DoorDash’s intent to deepen its presence in the grocery and retail verticals, a segment that has historically delivered higher margins than restaurant delivery. By leveraging Coco’s zero‑emission robots, DoorDash can reduce last‑mile costs and improve delivery speed, which should help it compete with established players in the grocery delivery space and support its broader goal of operational efficiency and sustainability.
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