welcome
Investor's Business Daily

Investor's Business Daily

Business

Business & Economics

DoorDash stock is down 4% in premarket action after Q1 results and deals

Investor's Business Daily
Summary
Nutrition label

80% Informative

DoorDash announced it would spend $3.86 billion to acquire U.K.-based food delivery company Deliveroo .

DoorDash also announced that it would buy New York -based restaurant technology startup SevenRooms for $1.2 billion .

Sales increased 20% year-over-year while the company swung to the earnings from a loss of 6 cents a year earlier .