DoorDash Hopes the Pandemic Changes Dining Behavior for Good
  • 3 years ago
So far this year DoorDash has lost $149 million. Last year, it lost $667 million. .It’s hard to think about a company like DoorDash losing that much money, especially given their recent success.DoorDash is the biggest meal delivery company in America, with 50% of the market.But it costs money to grow, and the company has spent hundreds of millions of dollars on sales and marketing.DoorDash hopes its upcoming initial public offering will value the company at $25 billion.Even then, it says it has incredible room to grow. Only 6% of potential U.S. customers used DoorDash this year