Dordash said Tuesday that the demand for deliveries remained strong in the first quarter, even when more Americans Feel more and more uncomfortable for the United States economy.
The total orders rose 18% to 732 million, a quarterly record. The demand to deliver groceries exceeded the previous quarters. Dordash also added US restaurants to its platform and expanded its geographical scope.
Dordash confirmed that will acquire delivery of Great Britain for 2.9 billion pounds ($ 3.9 billion) in cashexpanding their business in Europe, Asia and the Middle East. BetweenWoo he announced for the first time he had He received an offer from Dordash A little over a week ago.
He also said on Tuesday that Sevenrooms had bought, a New York company that manufactures hospitality management software, for $ 1.2 billion in cash. Dordash said that the agreement will extend their offers to merchants and help them increase sales in the store and customer relations.
Dordash expects the Sevenams agreement to close in the second half of this year.
Offers are the largest for Dordash since 2022, when I bought Wolt Enterprises rival Finn for $ 8.1 billion. That acquisition brought Doordash to 22 countries where it was no longer operated, including Germany.
With the incorporation of Deliveroo, Dordash said it will now operate in 40 countries.
Doringash income increased 21% to a quarterly record of $ 3.03 billion. That was below the Wall Street forecast of $ 3.09 billion, according to analysts surveyed by Factset.
The net income was $ 193 million, a year after the company reported $ 23 million in the January-March period. Adjusted for unique articles, the company won 44 cents per share, exceeding Wall Street expectations for a nickel.
Dordash’s actions fell 5% in the negotiation prior to Tuesday.
