DoorDash said late Wednesday that it generated $1.3 billion in revenue for the fourth quarter of 2021, a 34% increase from a year ago, as its delivery workers handled more orders, including for non-restaurant items. Revenue growth, while slower than the 45% rise in the third quarter, shows the company has continued to expand its business as more people return to in-restaurant dining. Monthly...
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MoonPay CEO, Other Executives Cashed Out Before Crypto Business Dropped
In November 2021, just as crypto prices were hitting all-time highs, MoonPay—a crypto payments startup that celebrities including Jimmy Fallon and Paris Hilton had praised for its non-fungible token “concierge” service—announced it had completed its first ever outside fundraising: an eye-popping $555 million round at a $3.4 billion valuation from investors including...
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