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DoorDash Soars as Robust Delivery Demand Drives Sales Beat

  • Revenue rose 30% in the second quarter to $1.6 billion
  • Total orders jumped 23% to a new record of 426 million
     

     

Photographer: Andrew Harrer/Bloomberg
Updated on

DoorDash Inc. soared after the company reported revenue that beat analysts’ expectations, boosted by a record number of orders, showing customers’ appetite for takeout isn’t waning despite rising inflation. 

Shares rose as much as 13% in premarket trading.