DoorDash’s revenue increased 83% to $1.2 billion in the second quarter, showing it maintained growth even as in-person dining resumed. The company, which went public last year, reported that orders through the platform grew by 69% year over year to 345 million in the second quarter. The rate of revenue growth in Q2 was slower than recent quarters, when the pandemic turbocharged demand for...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
My Life's Work AI
The Founder Who Got High on a Rooftop and Came Down With a Business
Watching the app you built hit the 10 million-download threshold would be a career high for most founders. But for Ben-Zion Benkhin, it’s just another day at the office. Within the last two years, Benkhin, 26, has launched two wildly popular artificial intelligence–based apps. The first was Wombo.ai, which uses AI to create highly shareable, delightfully weird deep fakes from a...
Peloton Announces Job Cuts, Store Closures and Price Hikes
South Korea’s Mirae Asset Management Led $250 million SpaceX Investment
Founder of Crypto Exchange Houbi in Talks to Sell Stake for $1 Billion
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
For Meta’s Next CFO Susan Li, Metaverse Dreams Mean Real-World Challenges
When Meta Platforms reported its first-ever quarterly revenue decline last month, the Facebook parent company also made a key promotion with little fanfare: 36-year-old finance executive Susan Li would become chief financial officer in the fall, replacing longtime CFO Dave Wehner, who held the role for eight years and would transition to a strategy role.
Enterprise Power List Venture Capital Enterprise
Introducing The Information’s Enterprise Tech Power List
Venture Capital Startups
Venture Capital’s Limited Partners Warn of Fundraising Slowdown