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Stock impact report

DoorDash to Wind Down Deliveroo and Wolt Operations in Four Countries

DoorDash, Inc. (DASH) 
Company Research Source: Business Wire
Exiting Qatar, Singapore, Japan, and Uzbekistan; actions not expected to materially impact DoorDash’s financial outlook SAN FRANCISCO & HELSINKI & LONDON--(BUSINESS WIRE)--DoorDash, Inc. (NASDAQ: DASH) today announced it is exiting four countries across its Deliveroo and Wolt brands: Qatar, Singapore, Japan, and Uzbekistan.The company will begin an orderly wind-down process in each country and will work closely with local teams and partners to support employees, merchants, consumers, riders, and couriers through the transition. These decisions follow a multi-month review of country-specific conditions and reflect DoorDash’s continued focus on investing where it sees the clearest path to sustainable scale and long-term leadership. DoorDash is also implementing limited operational changes in select locations, including investing in certain engineering roles in the UK. DoorDash does not expect these actions to materially impact its financial outlook, and the guidance ranges provided o Show less Read more
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