DoorDash just announced a killer earnings report with record first-quarter revenue and two major billion-dollar acquisitions—but its stock is tumbling anyway

Quick Summary:

Revenue at DoorDash rose 21% to a quarterly record of $3.03 billion, but it was still below Wall Street's expectations.

DoorDash expects the SevenRooms deal to close in the second half of this year.

Revenue at DoorDash rose 21% to a quarterly record of $3.03 billion.

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Article Details

Author / Journalist: Dee-Ann Durbin, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Delivery Earnings Delivery services Stock DoorDash Food and drink

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 14:18:53 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 104 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28440466

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 26 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

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Publisher ID: #95

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