[BUSINESS]■ STORY TIMELINE
DOORDASH BEATS PROFIT FORECAST, CAUTIONS ON COSTS
DoorDash reported a profit outlook exceeding analyst expectations, driven by a surge in paid subscribers ordering food and groceries more frequently. The company warned, however, that elevated spending levels could pressure margins ahead.
Bloomberg Tech+0m
Expedia Group Inc. raised its annual sales forecast, signaling that consumers aren’t being deterred by higher hotel pric…
Bloomberg Tech+4m
DoorDash Inc. issued a profit forecast that surpassed analysts’ expectations, citing a boom in paid subscribers who are…