• PYMNTS
• 25 Feb, 2021

In its first earnings release since going public, DoorDash reported $970 million for its fourth quarter on Thursday (Feb. 25), a 226 percent increase from the company’s $298 million in 2019. However, despite this dramatic revenue growth, the company’s losses also increased more than twofold from $134 million in Q4 2019 to $312 million in 2020, and the company saw losses of $2.67 per share. This combination of revenue boost and loss accumulation may be more feature than bug. As Chief Financial
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