DoorDash Exits Four Asian Markets; Q4 Revenue Up 37% and Profit 51%
DoorDash plans to exit Deliveroo and Wolt operations in Japan, Singapore, Hong Kong and Taiwan by mid-2026 to redeploy resources into core markets and boost profitability. Jim Cramer highlighted its fourth-quarter revenue growth of 37%, profit increase of 51% and 45% rise in earnings per share, calling shares ‘inexpensive’.
1. Market Exit Strategy
DoorDash will wind down its Deliveroo and Wolt businesses in Japan, Singapore, Hong Kong and Taiwan by mid-2026, reallocating delivery capacity and marketing spend to North American and European markets. Management expects these withdrawals to lower fixed costs, improve unit economics and accelerate path to positive adjusted EBITDA in key territories.
2. Strong Q4 Financial Performance
In the fourth quarter, DoorDash reported 37% year-over-year revenue growth, a 51% increase in operating profit and a 45% rise in earnings per share, driven by higher order volumes and expanding average order value. Despite a 24.5% year-to-date share decline, the company achieved record contribution margin improvements across its marketplace.
3. Analyst Commentary and Cramer Endorsement
Jim Cramer described the Q4 results as a ‘powerful’ turnaround, emphasizing improving international unit economics and calling the shares “inexpensive” relative to growth. Citi trimmed its share price target to $280 from $283 while maintaining a Buy rating, and UBS raised its target to $245 from $241 despite a Neutral stance.