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p129 > On a quarterly basis, our revenue increased for all quarters presented as a result of increases in Total Orders. The increase in Total Orders was primar
by tchalla 6y ago
p129
> On a quarterly basis, our revenue increased for all quarters presented as a result of increases in Total Orders. The increase in Total Orders was primarily driven by an increase in new consumers acquired as a result of our continued expansion in our existing markets and expansion into new markets, increased engagement from existing consumers, and growth in orders completed through Drive. In the second and third quarters of 2020, these trends accelerated in part due to the effects of the COVID-19 pandemic, which resulted in in-store dining shutdowns and the adoption of shelter-in-place measures.
The pandemic has helped DoorDash. There's an increase of revenue from $362M 31.03.2020 to $879M 30.09.2020 (p128). This has also led to an increase in Working Capital $1156M at 30.09.20 from $616M (31.12.2019).