Still, the company, like other third-party delivery apps, remains unprofitable.Īre you a DoorDash insider with insight to share? Got a tip? Contact this reporter via email at or at 71. On September 16, the company was valued at 74.9 billion, inching above competitor Ubers market cap. In its latest quarter, DoorDash saw total orders increase 27% year over year as revenue surpassed $2 billion. DoorDashs stock has seen a sharp change in fortunes since the fall. Though DoorDash laid off 1,250 corporate workers last year after growing too fast during the pandemic, the company continues to see demand for delivery. The company is also giving its gig workers a choice to earn by the hour instead of by delivery order. The two changes include allowing Dashers to earn more tips through a new post-checkout tipping feature. (DASH) stock quote, history, news and other vital information to help you with your stock trading and investing. Class A Common Stock (DASH) After-Hours Stock Quotes - Nasdaq offers after-hours quotes and extended trading activity data for US and global. The company also changed how it pays its food delivery drivers, or Dashers. It often indicates a user profile.ĭoorDash customers can now increase tips for their Dashers after the delivery.ĭoorDash marked its 10th birthday last week by rolling out a slew of major changes to its app that impact restaurants, gig drivers, and customers.Ĭhanges include adding a global search option, multiple carts, and accepting SNAP payments for grocery delivery with brands such as Safeway, Albertsons, Meijer, Aldi, and 7-Eleven. Analysts surveyed by FactSet had predicted revenue of 1.77 billion. Account icon An icon in the shape of a person's head and shoulders. DoorDash’s revenue in the three months through December grew 40 to 1.8 billion from a year earlier.
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