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DoorDash sees orders slowing on vaccine rollouts; shares tumble - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
Food delivery company DoorDash Inc expects fewer customer orders in the back half of the year as the vaccine rollouts embolden more people to venture out to restaurants and cafes, after nearly a year of staying indoors. ....
Could COVID vaccines kill food delivery service growth? The exploding market runs the risk of life returning to normal following the pandemic, putting pressure on companies to expand their portfolios 0 420 4 minutes read Companies like DoorDash and Uber Eats exploded during the pandemic as Americans ordered out for meals, but they face a more difficult path forward as COVID vaccines could reopen in-person dining. (Photo: DoorDash) While DoorDash (NYSE: DASH) reported new quarterly records for total orders, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), and market share, some analysts were not convinced of the value the company provides moving forward. ....