DoorDash, now valued at $12.6B, shoots for the moon

…DoorDash was currently seeing 325 percent growth year-over-year, he said, pointing to recent data from Second Measure showing the service had overtaken Uber Eats in the U.S., coming in second only to GrubHub.

“I think the numbers speak for themselves,” Xu said at the time. “If you just run the math on DoorDash’s course and speed, we’re on track to be number one.”

At a venture capital-focused summit hosted in April, Xu added that DoorDash was the largest delivery platform in America by “pretty wide margins,” explaining that it was, in fact, growing 4x faster than its next closest peer. In this morning’s announcement, the company added that it’s grown 60 percent since its late February Series F, with its annualized total sales hitting $7.5 billion in March, an increase of 280 percent year-over-year. 

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