DoorDash continues to hold its weight as a preferred grocery delivery service for many consumers. This demand for convenient services was further evidenced by the company’s recently released second quarter 2024 financial results.
“In Q2 2024, we set new quarterly records for Total Orders, Marketplace GOV, and revenue with year-over-year (Y/Y) growth in revenue that exceeded Y/Y growth in Marketplace GOV for the tenth consecutive quarter,” the company said in a release. “Our aim is to build a large and durable business by building services that expand the potential of local commerce. Our core competencies in that pursuit are customer obsession, attention to detail, and effort. We are very pleased with our financial performance in Q2 2024, as it reflects years of investment and product-level focus that drove strong growth and improved unit economics in several major areas of our business.”
The release highlighted several operational wins, which are as follows:
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“We are also pleased that we were able to drive more sales to more merchants than ever before, generate more earnings opportunities for Dashers than ever before, and connect more DashPass members to more of the local merchants they love than ever before,” the company went on to note. “Our opportunity to strengthen local commerce is large, and we hope to continue setting new records for these metrics in the quarters, years, and decades to come.”
As we learn more about the grocery delivery space, keep clicking back to DMN.
