EUR/USD 1.16076
0.005%
Gold 4248.00
0.647%
Oil 59.476
-0.005%
USD/JPY 155.423
-0.355%
GBP/USD 1.32185
-0.268%
GBP/JPY 205.457
-0.337%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
JK Autos: In November, the groups JK and Lynk & Co brands delivered a total of 63,902 vehicles, representing year-on-year growth of 7.1% and month-on-month growth of 3.7%, respectively. Specifically, the JK brand delivered 28,843 vehicles, while the Lynk & Co brand delivered 35,059 vehicles.On Monday, December 1st, the German DAX 30 index opened down 96.66 points, or 0.41%, at 23731.59; the UK FTSE 100 index opened down 28.51 points, or 0.29%, at 9692.00; and the French CAC 40 index opened down 41.05 points, or 0.51%, at 8081.66. The Stoxx 50 index opened down 20.92 points, or 0.37%, at 5647.25 on Monday, December 1st; the Spanish IBEX 35 index opened down 29.62 points, or 0.18%, at 16341.98 on Monday, December 1st; and the Italian FTSE MIB index opened down 169.01 points, or 0.39%, at 43188.00 on Monday, December 1st.December 1st - In November 2025, new home supply saw a temporary increase, while sales remained stable. The situation where new home supply constrained sales recovery remained unchanged; the inventory area in 30 cities was 218.9 million square meters, a slight decrease of 1% month-on-month and a decrease of 5% year-on-year. Second-hand home sales continued their upward trend, rising 14% month-on-month. The land market saw a rebound in both transaction volume and average premium rate.Data from Mobility Sweden shows that Tesla (TSLA.O) new car registrations in Sweden fell 59% year-on-year in November.Antitrust regulators told Indian courts that Apples (AAPL.O) challenge to antitrust penalties is aimed at delaying ongoing litigation.

DoorDash Increases Its Core Growth Objective For 2022 After A 35% Increase in Sales

Aria Thomas

May 06, 2022 09:34

D2.png


DoorDash Inc increased its full-year projection for a key industry statistic on Thursday, signaling that it has largely avoided the staffing shortages that have afflicted the majority of industries in order to provide seamless food and grocery delivery.


DoorDash's stock jumped 9% after the company also posted a better-than-expected 35% increase in quarterly sales, allaying investor fears that an easing epidemic would encourage people to dine out more and order in less.


The company's reputation as a facilitator of the gig economy has aided in attracting a consistent supply of delivery agents, in contrast to Domino's Pizza (NYSE:DPZ) and Pizza Hut, which have battled to sustain their fleets of riders in a difficult labor market.


DoorDash has retained its delivery workers in part because it has taken steps to alleviate the burden of rising gas costs by paying cash back and streamlining the process of working with the firm, according to CFO Prabir Adarkar.


The business now anticipates a gross order value of $49 billion to $51 billion for 2022, up from a previous range of $48 billion to $50 billion.


"Convenience is important to consumers. They like the convenience of having food and things delivered directly to their front door. As they begin to use the product, they develop a habit and gradually increase their usage "As Adarkar stated.


According to YipitData, DoorDash increased its market share in the US meal delivery business by one percentage point to 57% in March, while Grubhub lost momentum.


However, DoorDash's loss per share increased to 48 cents in the first quarter, up from 34 cents a year ago, as the company spent extensively in growing its grocery and other necessities delivery network and international expansion.


For the quarter ending March 31, revenue was $1.46 billion. According to Refinitiv's IBES data, analysts expected a loss of 41 cents per share on sales of $1.38 billion.

Suggestion