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
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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.