Sign in

    Nikhil DevaniBernstein

    Nikhil Devani's questions to DoorDash Inc (DASH) leadership

    Nikhil Devani's questions to DoorDash Inc (DASH) leadership • Q4 2024

    Question

    Nikhil Devani asked about U.S. new verticals, focusing on the level of repeat customer behavior and the long-term outlook for profitability per order compared to the core restaurant business.

    Answer

    CFO Ravi Inukonda responded that customers are showing strong repeat engagement, ordering across categories and increasing their monthly spend. On profitability, he reiterated the focus is on scaling the business and growing absolute profit dollars, noting that unit economics in new verticals improved in 2024 and the category is expected to be a significant long-term profit driver.

    Ask Fintool Equity Research AI