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DoorDash’s Revenue Rose 226% in First Nine Months, Generating Cash

By
Martin Peers
· · Source: The Information

DoorDash filed paperwork to go public on Friday morning, revealing that the leading food delivery service’s business has boomed during the pandemic. DoorDash’s revenue jumped 226% in the first nine months of this year to $1.9 billion, helping the company turn cash flow-positive. DoorDash generated $193 million in cash—after capital spending and website costs—in the nine month period, compared...

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