DoorDash is enjoying massive success this year. The delivery firm reported that it witnessed the total number of orders it delivered grow 23% year over year to 426 million. The revenue of DoorDash grew by over 30% due to increased numbers of orders and a growing count of monthly active shoppers. The shares of the company also popped by 18%. DoorDash can also foresee uncertain macroeconomic factors and price-sensitive consumers due to rising inflation. But the engagement from US consumers seems steady.
Full story: CNBC
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