Overview

• DoorDash reported Q2 2025 gross merchandise value of $24.2 billion and revenue of $3.28 billion, beating Wall Street estimates as total orders rose 20% year-over-year.
• The company forecast Q3 2025 GMV between $24.2 billion and $24.7 billion, surpassing consensus expectations and signaling continued momentum.
• Deliveroo’s first-half GTV climbed 9% to £3.8 billion and orders rose 8% to 147 million, while it recorded a £19.2 million net loss due to acquisition-related fees.
• Both firms reaffirmed plans to complete their £2.9 billion merger in the fourth quarter of 2025, creating a delivery network spanning over 40 countries.
• Expansion into groceries, retail and advertising boosted margins for both companies as they diversify beyond restaurant deliveries in a competitive market.