DoorDash orders surge 24% in the third quarter, helping to narrow

DoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently.
DoorDash 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. That was well above the 521 million orders Wall Street had forecast. DoorDash said revenue jumped 27% to $2.16 billion, also ahead of what Wall Street was expecting. The company said its monthly active users — or customers who 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.

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DOORDASH ORDERS SURGE 24% IN THE THIRD QUARTER, HELPING TO NARROW

DoorDash orders surge 24% in the third quarter, helping to narrow