DoorDash, Inc. (NASDAQ:DASH) is one of the best e-commerce stocks to buy as global sales hit records. The company is increasingly positioning itself as a local commerce platform rather than just a restaurant delivery app. On June 4, DoorDash said DoorDash Ads was becoming a global commerce media platform, with new ad formats, offsite reach, campaign automation, and measurement tools. The company said its Spotlight homepage ad format delivers twice the click-through rate of banners, while media dollars through Symbiosys, a DoorDash company, have nearly doubled since the 2025 acquisition.
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The operating data also supports the broader e-commerce story. In the first quarter of 2026, DoorDash’s total orders rose 27% year-over-year to 933 million, marketplace gross order value (GOV) increased 37% to $31.6 billion, revenue climbed 33% to $4.0 billion, and adjusted EBITDA rose 28% to $754 million. DoorDash also said its U.S. grocery and retail categories continued to post strong year-over-year marketplace GOV growth, helped by broader selection in areas such as apparel and auto parts. That expansion showed up commercially as well: on May 13, Urban Outfitters launched a nationwide DoorDash partnership, letting customers shop fashion, accessories, beauty, gifting, and lifestyle products directly through the app.
DoorDash, Inc. (NASDAQ:DASH) operates an on-demand delivery platform that connects customers with local restaurants, grocery stores, and retailers.
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