{"id":23765,"date":"2025-05-06T17:26:41","date_gmt":"2025-05-06T17:26:41","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/doordash-reports-record-first-quarter-revenue-with-plans-to-broaden-its-reach\/"},"modified":"2025-05-06T17:26:41","modified_gmt":"2025-05-06T17:26:41","slug":"doordash-reports-record-first-quarter-revenue-with-plans-to-broaden-its-reach","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/doordash-reports-record-first-quarter-revenue-with-plans-to-broaden-its-reach\/","title":{"rendered":"DoorDash reports record first-quarter revenue, with plans to broaden its reach"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"doordash-users-can-now-delay-payments-but-experts-urge-caution--hero\" title=\"Video: DoorDash users can now delay payments but experts urge caution\" data-sort-time=\"1742815294000\" data-update-time=\"1742815294000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\">\n          <use xlink:href=\"#player-icon-close\"\/>\n        <\/svg><br \/>\n      <\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/video\/doordash-users-can-now-delay-payments-but-experts-urge-caution\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">DoorDash users can now delay payments but experts urge caution<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">02:54<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>DoorDash said Tuesday that demand for deliveries remained strong in the first quarter even as more Americans feel <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/consumer-sentiment-report-plunge-april-michigan-trump-tariffs\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">increasingly uneasy<\/a><\/span> about the U.S. economy. <\/p>\n<p>Total orders climbed 18% to 732 million, a quarterly record. Demand for grocery delivery surpassed prior quarters. DoorDash also added U.S. restaurants to its platform and broadened its geographic reach.<\/p>\n<p>DoorDash confirmed that <a href=\"https:\/\/apnews.com\/article\/uk-deliveroo-doordash-acquisition-delivery-6b8655dab08ed3161241b2456d3d3a45\" target=\"_blank\" rel=\"nofollow noopener\">it will acquire<\/a> Britain&#8217;s Deliveroo for 2.9 billion pounds ($3.9 billion) in cash, expanding its business in Europe, Asia and the Middle East. Deliveroo first announced it had received a bid from DoorDash just over a week ago. <\/p>\n<h2>SevenRooms<\/h2>\n<p>It also said Tuesday that it had purchased SevenRooms, a New York company that makes hospitality management software, for $1.2 billion in cash. DoorDash said the deal will expand its offerings to merchants and help them grow in-store sales and customer relations.<\/p>\n<p>DoorDash expects the SevenRooms deal to close in the second half of this year.<\/p>\n<p>The deals are the biggest for DoorDash since 2022, when it bought Finnish rival Wolt Enterprises for $8.1 billion. That acquisition brought DoorDash into 22 countries where it didn&#8217;t already operate, including Germany.<\/p>\n<p>With the addition of Deliveroo, DoorDash said it will now operate in 40 countries.<\/p>\n<p>Revenue at DoorDash rose 21% to a quarterly record of $3.03 billion. That was short of Wall Street&#8217;s forecast of $3.09 billion, according to analysts polled by FactSet.<\/p>\n<p>Net income was $193 million, a year after the company reported a $23 million in the January-March period. Adjusted for one-time items, the company earned 44 cents per share, topping Wall Street expectations by a nickel. <\/p>\n<p>DoorDash shares were down 8.3% on Tuesday.<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<\/aside>\n<p>    <!-- tags --><\/p>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a 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