Published 6 months ago

DoorDash sees record orders and revenue in second quarter even as US restaurant traffic slows

Summary by WPLG

DoorDash said Thursday that it set records for orders and revenue in the second quarter, growth that came despite slowing U.S. restaurant traffic.The San Francisco-based delivery company said its total orders rose 19% to 635 million in the April-June period. That was ahead of the 625 million Wall Street expected, according to analysts polled by FactSet.DoorDash said revenue rose 23% to $2.6 billion, which also exceeded analysts’ forecast of $2.5…

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