DASH - DoorDash Expands Horizon with Global Ventures and Retail Initiatives | Benzinga
DoorDash, Inc (NASDAQ: DASH) is leveraging its financial strength to diversify beyond its primary focus of restaurant meal deliveries.
CEO Tony Xu revealed plans for international expansion and exploring markets beyond restaurants.
This strategic shift follows DoorDash's acquisition of Finland's Wolt for €7 billion, extending its reach to 27 countries.
The San Francisco-based company has generated substantial free cash flow, enabling it to seek new investment opportunities, the Financial Times reports.
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