DoorDash forecasts strong quarter on resilient delivery demandDoorDash beat second-quarter estimates for revenue, gross merchandise value (GMV), and profit, forecasting Q3 GMV of up to $24.7 billion, a...
07 Aug, 2025, 08.39 AM IST
DoorDash is on a $5 billion buying spree after earnings beatIn a bold global expansion move, DoorDash announced $5.1 billion in acquisitions—UK-based Deliveroo and tech firm SevenRooms—while posting ...
07 May, 2025, 08.39 AM IST
DoorDash tops quarterly revenue estimates on strong online orders during holidaysDoorDash posted a profit of $141 million compared with a loss of $154 million a year ago. The company said it would buy back shares worth u...
12 Feb, 2025, 12.16 PM IST
DoorDash posts better-than-expected Q1 sales but shares fall on cost concernsDoorDash said its net loss narrowed to $23 million in the first quarter, compared to a loss of $161 million in the same period a year ago. ...
02 May, 2024, 09.04 AM IST
DoorDash's rising labour costs weigh on Q1 profit outlook, shares fallThe delivery firm, which also reported a wider-than-expected loss for the fourth quarter ended December 31, has increased minimum pay for i...
16 Feb, 2024, 08.33 AM IST
Instacart to lay off 250 employees as slowing ad business counters upbeat Q1 forecastShares of Instacart reversed course to be down about 5% after the bell following Instacart's lower-than-expected fourth-quarter revenue on ...
14 Feb, 2024, 08.35 AM IST
Instacart sees upbeat core profit on higher transaction, ad feesIt expects current-quarter adjusted EBITDA, a key measure of profitability, to be between $165 million and $175 million. Analysts expect $1...
09 Nov, 2023, 12.09 PM IST
DoorDash orders surge 24% in the third quarter, losses narrowed to $73 millionThe San Francisco delivery company said Wednesday its total orders grew 24% to 543 million in the July-September period compared to the sam...
02 Nov, 2023, 08.43 AM IST
DoorDash lifts core profit target for second time on higher ordersDoorDash said it expects gross order value - total value of all app orders and subscription fees - to be between $64.2 billion and $65.2 bi...
03 Aug, 2023, 02.30 PM IST
Uber CEO says won’t cut jobs despite mounting tech layoffsUber Technologies Inc. isn’t considering cutting jobs even as competitors from DoorDash Inc. to Lyft Inc. slash staff to deal with an uncer...
02 Dec, 2022, 06.39 PM IST
Uber Q2 Results: Revenue up 72% to $8.34 bnUber, however, is also aiming to scale back hiring and reduce expenses to expand profitability amid macroeconomic uncertainties, with Khosr...
01 Nov, 2022, 04.53 PM IST
DoorDash stock jumps 27% on earnings, post-pandemic outlookWith 25 million monthly active users, DoorDash recorded $42 billion in orders last year and expects a range of between $48-50 billion for 2...
17 Feb, 2022, 09.37 AM IST
Carlyle, others to part-sell Delhivery stakes; govt issues FAQs on IT rulesPrivate equity major Carlyle is among the investors in new-age logistics firm Delhivery that will sell portions of their stakes in the comp...
01 Nov, 2021, 09.59 PM IST
SoftBank-backed DoorDash enters JapanLast month, DoorDash raised its forecast for annual gross order value, as stimulus checks helped keep food delivery demand resilient in the...
09 Jun, 2021, 11.19 AM IST
Airbnb valuation reaches $100 billion in trading debut surgeSan Francisco-based Airbnb’s fully diluted valuation is even higher, around $100 billion including employee stock options and restricted st...
11 Dec, 2020, 07.20 AM IST
Airbnb reaches $47 billion value in above-range IPOAirbnb and its investors sold about 52 million shares Wednesday for $68 each after marketing them for $56 to $60 each.
11 Dec, 2020, 06.21 AM IST
Airbnb set for huge day-one pop, value could top $100 billionThe stock will start trading Thursday, with early pricing indications climbing as high as $150 per share, way above the $68 IPO price.
10 Dec, 2020, 09.57 PM IST