DoorDash Q3 beats estimates, partners with Lyft
DoorDash exceeded Q3 earnings predictions, reporting $2.7B in revenue—a 25% increase year-over-year. With 643M total orders and a partnership with Lyft, the company continues to innovate, drawing closer to its competition, Uber Eats. CEO Tony Xu highlighted their expansion in grocery delivery and the new partnership benefits. DoorDash is also exploring autonomous delivery, though mass deployment isn’t expected soon.