DoorDash Predicts Further Growth as Orders Jump 30 Percent
Its largely positive quarterly results didn’t move the share price needle, but DoorDash reported strong fourth-quarter results showing that gross order volume increased 29 percent from the prior year, to $14.4 billion. This was achieved by growth in orders, up 27...
Olo Increases Revenue as Net Loss Widens
Olo’s third-quarter financial results brought a mixed bag of milestones for the New York-based delivery integration provider. Total revenues increased 26 percent year-over-year to $47.3 million, but its net loss was $14.6 million, which compares to a net loss of $11.3...
DoorDash Neary Triples Revenue, Narrows Q1 Loss
Investors celebrated as DoorDash released its first quarter 2021 financial results showing the leader in the U.S. delivery scene nearly tripled its quarterly revenue to $1.08 billion, increased its gross order volume to $9.9 billion and saw average order rates that...
Uber Narrows Loss on 28% Delivery Revenue Surge
After losing $968 million last quarter, Uber delivered improved first quarter earnings with a net loss of $108 million that was, as CNBC put it, a “tremendous improvement” from the fourth quarter of 2020 with delivery revenue up 28 percent over the Q4 2020 and 230...
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