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DoorDash sees record orders and users, but losses grow

KIFI

By DEE-ANN DURBIN
AP Business Writer

DoorDash says it saw a record number of orders and active users in the fourth quarter as it expanded overseas and gained market share at home.  The San Francisco-based delivery company said Thursday that its monthly active users grew 28% to a record 34 million during the October-December period. Some of that growth came from Wolt Enterprises, the Finnish delivery service DoorDash acquired last year. Total orders grew 27% to 467 million. According to analysts polled by FactSet, that beat Wall Street’s forecast of 459 million. Fourth-quarter revenue jumped 40% to $1.82 billion, also beating forecasts.

Article Topic Follows: AP National Business

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