A DoorDash signal is pictured on a restaurant on the day they maintain their IPO in New York, December 9, 2020.
Carlo Allegri | Reuters
Doordash on Tuesday introduced the $1.2 billion acquisition of restaurant reserving platform SevenRooms and reported first-quarter income that missed expectations.
This is how the corporate did, based mostly on LSEG expectations:
- Earnings per share: 44 cents adjusted vs. 39 cents anticipated
- Income: $3.03 billion vs. $3.09 billion anticipated
Doordash stated the all-cash acquisition of SevenRooms, a New York Metropolis-based information platform for eating places and motels to handle reserving data, will shut within the second half of 2025.
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