DoorDash Unveils Ad Platform Update With New AI-Powered Tools And Symbiosys Acquisition To Boost Offsite Advertising Across Search, Social, and Display; Financial Terms Of Acquisition Not Disclosed

DoorDash +3.40% Post

DoorDash

DASH

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Launches its most significant update, featuring new AI-powered products to help restaurants and brands drive measurable growth for their businesses.

DoorDash and Wolt Ads serve 150,000+ advertisers in 30+ countries, a leading global growth engine for local commerce.

Acquires Symbiosys to expand offsite advertising capabilities across search, social, and display with closed-loop measurement.

DoorDash (NASDAQ:DASH), one of the world's leading local commerce platforms, is launching its most significant update to its advertising platform to date, introducing a new suite of AI-powered tools and announcing the acquisition of ad tech platform Symbiosys to expand offsite advertising capabilities. Symbiosys is a next-generation retail media platform that helps brands expand their reach into digital channels, such as search, social, and display, and enables retailers to extend the breadth of their retail media networks. These updates reflect DoorDash's bold investment in global ad technology—empowering businesses with greater control, clearer results and insights on their performance, and new ways to connect with customers both on and beyond the platform.

Today, more than 150,000 advertisers — from global CPG leaders and Fortune 500 retailers to local restaurants — use the platform to reach high-intent customers, drive incremental sales, and grow their businesses. In 2024, DoorDash and Wolt Ads crossed an annualized advertising revenue run rate of over $1 billion across the 30+ countries where we operate. Reaching this scale in just three years makes us the fastest-growing retail media network in history and a leading global growth engine driving local commerce.

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