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https://www.wsj.com/articles/doordash-delivers-some-second-helpings-9f96ddac

DoorDash Delivers Some Second Helpings

After solid fourth-quarter results, investors are betting company’s platform advantages can continue to pay off

The food-delivery company’s fourth-quarter earnings rose 40%.Photo: John Marshall Mantel/Zuma Press
By Laura Forman

Food-delivery platforms seemed like pandemic winners, and then they didn’t. DoorDash, at least, has been showing some signs of an appealing second act.

The food-delivery company said Thursday that its fourth-quarter revenue increased 40% year to year—its best growth on that basis since the third quarter of 2021. It also logged its eleventh straight quarter of positive adjusted earnings before interest, taxes, depreciation and amortization, generating a quarterly record of $117 million.

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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.