DoorDash earnings: Delivery giant hits quarterly records for key metrics
DoorDash has grown out its international business at a rapid pace as the company has invested aggressively in the space and added new merchants.
DoorDash heavily narrowed its net loss and hit new quarterly records for key metrics for the first quarter of 2024. But growth of total orders, marketplace gross order value, and revenue—while all still up double digits from the same time a year ago—is slowing from the same breakneck pace it achieved in past quarters.