5 articles | last updated: Aug 2 08:10:01
The delivery giant's strategic expansion and improved customer experience drive growth amid broader industry challenges.
- DoorDash reported a 23% revenue increase to $2.6 billion, surpassing analyst expectations.
- Total orders rose by 19% to 635 million in the April-June period.
- The company expanded its services beyond restaurant food to include grocery, alcohol, and retail partnerships.
- Despite higher labor costs, DoorDash narrowed its net loss to $157 million.
- The company projects strong third-quarter profits, with expected EBITDA between $470 million and $540 million.
People, Places and Things In This Story
- DoorDash Online food ordering company
Categories:
- Business