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DoorDash Achieves First GAAP Net Income Milestone
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DoorDash Achieves First GAAP Net Income Milestone

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The latest update is out from DoorDash ( (DASH) ).

DoorDash showcased remarkable growth in Q3 2024, marking its first GAAP net income as a public company by recording $162 million. The company reported an 18% increase in total orders, reaching 643 million, and a 25% rise in revenue to $2.7 billion. DoorDash’s strategy focuses on innovation and improvements in service quality, aiming to enhance customer satisfaction and expand its market presence, thus driving its stock performance and boosting investor confidence.

Learn more about DASH stock on TipRanks’ Stock Analysis page.

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