Online delivery firm DoorDash forecast third-quarter core profit above expectations and surpassed revenue estimates for the June quarter on Thursday, sending its shares soaring more than 13% after the bell.
The company has expanded beyond its restaurant delivery business in the U.S. into categories such as grocery and alcohol and has forged new partnerships with retailers to fend off rising competition from Uber Eats and Instacart.
- Reuters
Created by Tan KW | Aug 02, 2024
Created by Tan KW | Aug 02, 2024
Created by Tan KW | Aug 02, 2024
Created by Tan KW | Aug 02, 2024
Created by Tan KW | Aug 02, 2024
Created by Tan KW | Aug 02, 2024