Posts

Showing posts with the label DoorDash plunges into loss on pricey grocery expansion

DoorDash plunges into loss on pricey grocery expansion

Image
DoorDash plunges into loss on pricey grocery expansion Food-delivery firm DoorDash Inc's (DASH.N) loss widened more than expected in the second quarter as the U.S. upstart spent heavily to expand internationally and into a crowded market for grocery during the pandemic.