Three Months Ended Exhibit 99.1 DoorDash Releases Second Quarter 2024 Financial Results August 1, 2024 SAN FRANCISCO--(BUSINESS WIRE)-- DoorDash, Inc. (NASDAQ: DASH) today announced its financial results for the quarter ended June 30, 2024. In Q2 2024, we set new quarterly records for Total Orders, Marketplace GOV, and revenue with year-over-year (Y/Y) growth in revenue that exceeded Y/Y growth in Marketplace GOV for the tenth consecutive quarter. Our aim is to build a large and durable business by building ...

One idea is all it takes to enter Red Bull Basement, the global event that empowers a new generation of innovators through resources including networking, collaboration and AI technology. The team with the nation's best idea will be invited to develop it further for the World Final in Tokyo, where expert judges will choose the winner for 2024. SANTA MONICA, Calif., Aug. 1, 2024 /PRNewswire/ -- A single good idea will launch innovators from the U.S. to the global stage as Red Bull Basement returns for 2024. ...

The two organizations team up to provide local Meals on Wheels programs with a cost-effective, convenient delivery alternative to ensure homebound older adults always receive the nutritious meals they need Through Project DASH, DoorDash powers deliveries on behalf of non-profits at a discounted rate, enabling the Meals on Wheels network to address gaps in volunteer coverage. Together, DoorDash and Meals on Wheels America have already powered free Project DASH pilots for more than 30 local programs to make 2 ...

The report noted that DoorDash is also exploring software that would let merchants to build online storefronts and accept online payments, and accept eCommerce returns directly from consumers and delivering to UPS, FedEx, or the U.S. Postal Service. "With its growing number of partners, DoorDash now provides access to groceries, retail, flowers, food and other products from more than 500,000 local merchants," PYMNTS noted in reporting on the new partnerships last week. There's a wealth of opportunity here, ...

In this article A food delivery messenger is seen in Manhattan. Food from the restaurant of your choosing, delivered right to your door — at what cost? Frustrations from both sides of the table have hit the services, which have worked to protect (or achieve) profits and prop up orders while cash-strapped Americans scrutinize the checkout screen — and order totals that often add up to more than expected. The rising costs come as more Americans watch their wallets during a period of persistent inflation. "I f ...

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Revenues are expected to be $2.54 billion, up 18.9% from the year-ago quarter. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Thus, a positive or neg ...

A potential combination of meal delivery companies Doordash and Deliveroo was reportedly discussed but rejected in May. There are no talks going on now, according to the report. The British company has 180,000 restaurant and retail partners, and a network of 140,000 riders, per the report. In 2021, Doordash acquired its Finnish rival, Wolt, according to the report. Shares in the four biggest, publicly traded U.S./European delivery apps — DoorDash, Delivery Hero, Just Eat Takeaway and Deliveroo — are trading ...

For Crexendo, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.06. This represents a change of +50% from what the company reported a year ago. Crexendo currently has a Zacks Rank of #2 (Buy). DoorDash is benefiting from strong order growth and Marketplace GOV, alongside enhanced logistics efficiency and an increasing contribution from advertising. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, e ...

My thesis DoorDash's primary offerings are the DoorDash Marketplace and the Wolt Marketplace. Both marketplaces together operate across 25 countries, according to the company's 10-K. DASH generates revenue from commissions charged from both merchants and consumers, as well as premium subscriptions like Wolt+ and DashPass. The company's geographic presence is wide based on the number of countries, but the company still generates about 90% of revenue within the United States. The United States market is highl ...

"Many senior adults facing hunger lack access to transportation or are unable to leave home due to health or mobility issues," stated Trisha Cunningham, President and CEO of the North Texas Food Bank. "Project DASH addresses this challenge, enabling organizations like NTFB to reach these individuals. Delivering 1.3 million meals demonstrates the power of collaboration in ensuring no Texan goes hungry. These meals are particularly crucial now, as the need for food assistance has increased beyond pandemic lev ...