Doordash is a food delivery service that operates in over 4,000 cities across the United States and Canada. The company was founded in 2013 and is headquartered in San Francisco, California. In March of 2020, Doordash announced it had raised $1.1 billion in a Series G funding round, valuating the company at $13 billion. doordash q1 yoy 110mlucascnbc
Doordash had a great first quarter, with year-over-year revenue growth of 110%. This is a huge accomplishment for the company, which is now the clear leader in the food delivery space. The company’s strong performance was driven by its aggressive expansion into new markets and its innovative marketing campaigns. Doordash is well-positioned to continue its rapid growth in the coming quarters. doordash q1 yoy 110mlucascnbc
Doordash, the food delivery startup, is reporting strong growth in its first quarter. Revenue was up 110% year-over-year, and the company is now profitable on a per-order basis.
Doordash has been one of the fastest-growing startups in recent years. Founded in 2013, the company has raised over $1 billion from investors including SoftBank and Sequoia Capital.