May 2, 2024, 10:24 PM
May 1, 2024, 7:25 PM

DoorDash sees revenue boost in Q1 due to surge in US grocery demand

Highlights
  • DoorDash reports higher-than-expected revenue in Q1 with a 23% rise to $2.51 billion.
  • The increase is attributed to a 21% climb in total orders fueled by the growing demand for US grocery deliveries.
  • This growth offsets the impact of slowing restaurant demand on DoorDash's overall performance.

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