DoorDash, which went public amid a pandemic-fueled delivery craze in late 2020, said its business continues to boom even as people increasingly return to their lives outside the home.
The on-demand delivery company said its order volume grew 23% to 404 million in the first three months of this year compared to the same period in 2021. Its revenue for the quarter jumped 35% from last year to $1.5 billion, beating the estimated $1.38 billion forecast from analysts surveyed by Refinitiv. Order volume, for instance, had grown 219% during the same quarter last year but the rate of growth has fallen consecutively in each quarter since.
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: