DoorDash and Shopify Offer E-commerce Bright Spots

DoorDash reported record-breaking numbers in terms of revenue, gross value of orders, and total orders in the second quarter.
The company's revenue increased by 33% to $2.13 billion compared to the same period last year.
DoorDash raised its full-year forecast for gross marketplace volume to a range of $64.2 billion to $65.2 billion.
CEO Tony Xu emphasized that online meal delivery still represents a small percentage of the overall restaurant business, indicating potential for further growth.
This positive performance contrasts with the slowdown experienced by other e-commerce companies after the initial surge in online shopping during the pandemic.