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DoorDash Neary Triples Revenue, Narrows Q1 Loss

DoorDash Neary Triples Revenue, Narrows Q1 Loss

by Tom Kaiser | May 20, 2021 | COVID-19, Finance, News, Third-Party Delivery, Top Stories

Investors celebrated as DoorDash released its first quarter 2021 financial results showing the leader in the U.S. delivery scene nearly tripled its quarterly revenue to $1.08 billion, increased its gross order volume to $9.9 billion and saw average order rates that...
Uber Narrows Loss on 28% Delivery Revenue Surge

Uber Narrows Loss on 28% Delivery Revenue Surge

by Tom Kaiser | May 13, 2021 | COVID-19, News, Third-Party Delivery

After losing $968 million last quarter, Uber delivered improved first quarter earnings with a net loss of $108 million that was, as CNBC put it, a “tremendous improvement” from the fourth quarter of 2020 with delivery revenue up 28 percent over the Q4 2020 and 230...
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