DoorDash Inc raised its full-year forecast for a key industry metric on Thursday, indicating it has largely skirted labor woes that have plagued most sectors to ensure seamless delivery of food and groceries.
Register now for FREE unlimited access to Reuters.comDoorDash has managed to hold on to its delivery agents due in part to its move to ease the pressure of higher gas prices by offering cash backs and simplifying the process of working with the company, CFO Prabir Adarkar told Reuters.
"Consumers like convenience. They like the benefit of being able to get food and goods delivered to their front door. As they start using the product, they build a habit and increase the usage over time," Adarkar said.
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