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Story summary
- DoorDash will spend over $50 million in Q2 on gas-price relief for U.S. and Canadian drivers as gasoline rose to $4.53 a gallon, up 44% from a year earlier.
- Orders rose 27% to 933 million in Q1 but missed analysts’ 954 million forecast.
- Revenue grew 33% to $4.0 billion, falling short of the $4.15 billion expected.
- Net income slipped 5% to $184 million, beating the 36-cent forecast, while shares rose 11% after hours.
