DoorDash Inc Ordinary Shares - Class A
DASH: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $Pp | LOCK|<x@@^ | LOCK|^#<vy^V |
DoorDash Earnings: Strong Grocery Market Growth Reinforces Instacart Deal Despite Execution Risk
DoorDash delivered strong third-quarter results as it announced its $17 billion acquisition of Instacart. Orders rose 28% to 993 million, marketplace gross order volume (GOV) increased 36% to $33.9 billion, and revenue grew 34% to $4.6 billion.
