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DoorDash shares rise on earnings, revenue beat

cnbc.com Ari Levy 2025-12-02 15:37:50

Doordash food delivery service in New York City on Feb. 13, 2025. DoorDash shares climbed about 5% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter. Here's how the company did compared to analyst estimates based on LSEG's consensus: Earnings per share : 65 cents vs. 44 cents expected : 65 cents vs. 44 cents expected Revenue: $3.28 billion vs. $3.16 billion expected Revenue jumped 25% from $2.63 billion

Topics: billion cents company doordash expected
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Five companies now control over 90% of the restaurant food delivery market

news.ycombinator.com Unknown 2026-01-19 20:23:37

While reading the latest results from Prosus, I realized there seems to be a trend that nobody is talking about. There is an obvious wave of consolidation in the food delivery market happening right before our eyes. The once-hot food delivery sector has gone cold faster than your DoorDash order. New entrants have disappeared as most of the VC money chases the cool and hip AI startups. Alongside a wave of acquisitions, the world's food delivery market is consolidating in the hands of 5 companies.

Topics: delivery doordash food prosus restaurants
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