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DoorDash loses more than expected in Q2. But shares are rallying, and it plans to keep investing in expansion.
News
DoorDash loses more than expected in Q2. But shares are rallying, and it plans to keep investing in expansion.
August 2, 2024
Arthur Bleemer
DoorDash Inc.’s third-quarter forecast for a key demand metric on Thursday came in above Wall Street’s expectations, but the delivery app lost more than expected during the second quarter, as it invests in expanding what — and where — it delivers.
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