“People are not substituting eating in with eating out," Xu said.
Still, it was a costly quarter for the company. DoorDash’s net loss widened to $167 million, from $110 million in the same period a year ago. DoorDash spent more on stock-based compensation and marketing costs.
The company is also trying to ease the burden of high gas prices for its drivers. DoorDash is offering drivers 10% cash back on their gas purchases through August.
Chief Financial Officer Prabir Adarkar said DoorDash could have chosen to pass those costs on to consumers but decided to absorb them. The cash-back program helped DoorDash ensure it has enough drivers to meet demand, he said.
DoorDash said it lost 48 cents per share in the quarter, more than double the 21 cent loss Wall Street forecast.
DoorDash said it expects its acquisition of Finnish delivery service Wolt Enterprises to close in the second quarter. The $8.1 billion deal, announced last November, will bring DoorDash into 22 countries where it doesn't currently operate, including Germany, Sweden, Hungary and Israel.
DoorDash shares jumped more than 8% in after-hours trading.