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DOORDASH Exhibit 99.1 May 13 , 2021 Fellow Shareholders , DoorDash's mission is to grow and empower local economies . We are proud of the progress we made in Q1 , as we increased the number of partner merchants we support across multiple categories , generated more earnings for more Dashers than in any previous quarter , and served more consumers than we ever have . Among key achievements in Q1 2021 , DoorDash : • • Established new quarterly records for Total Orders and Marketplace GOV Improved consumer retention and drove average order frequency to an all - time high Grew orders from non - restaurant categories by over 40 % quarter - over - quarter ( " Q / Q " ) to over 7 % of Total Orders Generated Adjusted EBITDA near the high end of our guided range while investing aggressively in merchant services , new categories , and international markets , and absorbing costs associated with Proposition 22 First Quarter 2021 Key Financial Metrics • Revenue grew 198 % year - over - year ( " Y / Y " ) to $ 1.1 billion , Total Orders grew 219 % Y / Y to 329 million , and Marketplace GOV grew 222 % Y / Y to $ 9.9 billion GAAP gross profit of $ 493 million , up 233 % Y / Y from $ 148 million in Q1 2020 • GAAP net loss of $ 110 million , compared to GAAP net loss of $ 129 million in Q1 2020 • Adjusted EBITDA of $ 43 million , compared to an Adjusted EBITDA loss of $ 70 million in Q1 2020 ( Figures in millions , except percentages ) Revenue 268 % Marketplace GOV and Total Orders 329 214 % 226 % 273 198 % 236 172 % 204 $ 9,913 $ 879 $ 970 $ 1,077 103 $ 8,179 $ 7,252 $ 6,150 $ 675 $ 362 $ 3,083 Q1'20 Q220 Q320 Q420 Q1'21 Q1'20 Q220 Q320 Q4'20 Q1'21 $ 148 ■ Revenue -Y / Y % Change GAAP Gross Profit $ 469 $ 327 Q1'20 Q220 Marketplace GOV -Total Orders Contribution Profit ( Loss ) $ 215 $ 230 $ 209 $ 477 $ 493 $ 193 3 % 3 % 3 % 2 % 1 % $ 25 Q1'20 Q3'20 Q420 Q1'21 GAAP Net Income ( Loss ) $ 23 Q220 Q3'20 Q420 Q1'21 Contribution Profit ( Loss ) -- % of Marketplace GOV Adjusted EBITDA $ 79 $ 86 $ 94 $ 43 ( $ 43 ) 1 % 1 % 1 % 0 % ( $ 129 ) ( $ 110 ) ( 2 % ) ( $ 70 ) Q1'20 QZ20 Q320 ( $ 312 ) Q420 Q1'20 Q220 Q3'20 Q420 Q121 Q1'21 Adjusted EBITDA - % of Marketplace GOV