# Doordash shares jumped 11% in premarket trading on Thursday.

*business · news · 2026-05-07 · The Economic Times*

## Key points

- Doordash attracted a record number of new U.S. grocery customers in Q1 2024.
- Doordash's gas relief program will cost over $50 million in the current quarter.
- DashPass membership saw increased sign-ups and offers $0 delivery fees on groceries.
- Doordash's forward P/E ratio is 52.54, markedly higher than Instacart's 15.37 and Uber's 22.05.

**Companies:** Doordash, Uber, Instacart
**Countries:** United States, Canada

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/technology/doordash-shares-jump-after-strong-quarterly-forecast-on-food-grocery-delivery-demand/articleshow/130894583.cms)

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