DoorDash orders surge 24% in the third quarter, helping the company narrow its losses

  • 📰 KPIXtv
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

DoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently.

DoorDash on Wednesday reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently.The San Francisco delivery company said its total orders grew 24% to 543 million in the July-September period compared to the same period a year earlier. That was well above the 521 million orders Wall Street had forecast, according to analysts polled by FactSet.DoorDash said revenue jumped 27% to $2.16 billion, also ahead of the $2.

ALSO READ: Doordash launches ghost kitchen service in San Jose The company said its monthly active users — or customers who have placed at least one order in the past month – increased at double-digit percentage rates in September, with strong demand from both the U.S. and international markets. Growth in order frequency also accelerated from the second quarter, the company said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 443. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DoorDash orders surge 24% in the third quarter, helping the company narrow its lossesDoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently.
Source: ksatnews - 🏆 442. / 53 Read more »

DoorDash orders surge 24% in the third quarter, helping the company narrow its lossesDoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently.
Source: wjxt4 - 🏆 246. / 63 Read more »

DoorDash orders surge 24% in the third quarter, helping the company narrow its lossesDoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently
Source: sdut - 🏆 5. / 95 Read more »