DoorDash Achieves Record Revenue and Orders in Q2 Despite Slowing Restaurant Traffic

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.