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DoorDash, Inc. (NASDAQ:DASH) is one of the best e-commerce stocks to buy as global sales hit records. The company is increasingly positioning itself as a local commerce platform rather than just a restaurant delivery app. On June 4, DoorDash said DoorDash Ads was becoming a global commerce media platform, with new ad formats, offsite reach, campaign automation, and measurement tools. The company said its Spotlight homepage ad format delivers twice the click-through rate of banners, while media dollars through Symbiosys, a DoorDash company, have nearly doubled since the 2025 acquisition.

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The operating data also supports the broader e-commerce story. In the first quarter of 2026, DoorDash’s total orders rose 27% year-over-year to 933 million, marketplace gross order value (GOV) increased 37% to $31.6 billion, revenue climbed 33% to $4.0 billion, and adjusted EBITDA rose 28% to $754 million. DoorDash also said its U.S. grocery and retail categories continued to post strong year-over-year marketplace GOV growth, helped by broader selection in areas such as apparel and auto parts. That expansion showed up commercially as well: on May 13, Urban Outfitters launched a nationwide DoorDash partnership, letting customers shop fashion, accessories, beauty, gifting, and lifestyle products directly through the app.

DoorDash, Inc. (NASDAQ:DASH) operates an on-demand delivery platform that connects customers with local restaurants, grocery stores, and retailers.

While we acknowledge the potential of DASH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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