DoorDash Pops As Record Orders Drive Guidance Higher By Investing.com
By Dhirendra Tripathi Investing.com – DoorDash (NYSE:DASH) shares jumped nearly 14% Friday after the company raised its guidance for 2021 on the back of a strong first quarter performance. The online food delivery platform said it generated more earnings for its partners than in any previous quarter and served more consumers than it ever has. The online food delivery platform now expects its 2021 gross order value to be in a range of $35 billion to $38 billion. This range was earlier estimated to be $30 billion to $33 billion. Adjusted EBITDA could now touch $300...
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