DoorDash Looks to Grow Beyond US and Beyond Restaurants
DASHDoorDash(DASH) PYMNTS·2024-01-02 23:21

DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S. “The two largest areas of investment are expansion and penetration outside of the U.S., as well as the same outside of restaurants,” CEO Tony Xu said in an interview with the Financial Times (FT) published Monday (Jan. 1). The FT notes that DoorDash has the monetary heft to make this expansion happen, having produced $878 million of free cash flow in the 12 months to September 30 of last year. The company has since last ...