The news: DoorDash delivered better-than-expected Q4 revenues and signaled it expects strong orders in the current quarter, even as consumers’ inflation fears reignite.
The food delivery service said Q1 gross order value would be $22.6 billion to $23 billion, higher than analysts’ consensus estimate of $22.4 billion.
Its Q4 orders came to $21.3 billion in gross value, beating estimates of $20.9 billion.
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