DoorDash Gains After Projecting Order Growth Topping Estimates

DoorDash Inc. shares gained in extended trading after giving an outlook for orders in the current quarter that surpassed Wall Street’s expectations, a testament to its efforts to expand business beyond restaurant takeout.

The company expects gross order value to be $31 billion to $31.8 billion in the period ending in March, topping the average estimate for $30.7 billion.