DoorDash Taking Share in International Markets -- Market Talk

Dow Jones12-17

0726 ET - DoorDash appears to be taking share in international markets, based on an analysis of third-party data for international food delivery companies by JMP analysts. They are raising their gross order volume estimates for DoorDash in 2025 and 2026, supported by international momentum and new verticals. A greater density in international markets suggests the company can make progress on profitability in those geographies even as it invests in new verticals, including the Finnish food delivery platform Wolt that it acquired in 2022, the analysts say in a research note. (dean.seal@wsj.com)

(END) Dow Jones Newswires

December 17, 2024 07:26 ET (12:26 GMT)

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A greater density in international markets suggests the company can make progress on profitability in those geographies even as it invests in new verticals, including the Finnish food delivery platform Wolt that it acquired in 2022, the analysts say in a research note. 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They are raising their gross...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4209","symbol_name":"餐馆","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2492959841","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492959841","pubTimestamp":1734438360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0726 ET - DoorDash appears to be taking share in international markets, based on an analysis of third-party data for international food delivery companies by JMP analysts. 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