Community Corner
DoorDash Hits New Record For Orders, Revenue In Second Quarter
Revenue rose 33% to $2.1 billion, which was in line with analysts' forecasts.
August 3, 2023
DoorDash set new records for total orders and revenue in the second quarter as its grocery and convenience deliveries accelerated and it improved driver efficiency.
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The San Francisco-based delivery company said its total orders rose 25% to 532 million for the April-June period. That was ahead of Wall Street's forecast of 521 million, according to analysts polled by FactSet.
Revenue rose 33% to $2.1 billion, which was in line with analysts' forecasts.
Find out what's happening in San Franciscofor free with the latest updates from Patch.
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