DoorDash's Monster Quarter: Revenue Nearly Triples

DoorDash's Monster Quarter: Revenue Nearly Triples

DoorDash (NYSE: DASH) reported blowout first-quarter earnings last Thursday, and shares of the delivery platform are up nearly 16% since then. Expectations were that as restaurants began welcoming people inside for dining, it would reduce the growth at DoorDash. DoorDash keeps a percentage of this order value (its take rate), and the rest goes to restaurants, drivers, and other sellers on the platform.