DoorDash, Inc. is an online meal ordering and delivery platform based in the United States. Headquartered in San Francisco, California, United States.It is the largest food delivery firm in the United States, with a 56 per cent market share. In the United States, Doordashes services are provided in 7,000 communities throughout 50 states. Melbourne, Australia and Canada.
DoorDash has a market cap of 45.377B USD. Number of Employees 6000 + (2021). Total assets US$6.353 billion (2020).
DoorDash Inc (DASH.xnys) News: As everyone in the food delivery industry expected, DoorDash (NYSE:DASH) was ready to acquire an international food delivery platform - probably from Europe. And it finally occurred! DoorDash made public its intention to buy Wolt for $8.1 billion in stock for equity. Door Dash’s stock rose by 15% on the news, adding $10 billion to the company's market valuation.
Inc. DoorDash (DASH.xnys) Analysis: Wolt is a Finnish startup developing a platform similar to DoorDash. DoorDash gains a foothold in various 'emerging' food delivery markets by acquiring a platform similar to its own. Nonetheless, the acquisition may be a hint that DoorDash's management believes their stock is overvalued and/or that the US growth rate may decelerate dramatically in the future.
DoorDash Inc (DASH)
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