The third-party delivery service reported $1.9 billion in revenue so far this year, but is still losing money
DoorDash is looking to join competitors Uber and Grubhub as a publicly traded company, officially filing its IPO with the SEC today. DoorDash would offer multiple classes of stock, including one that comes with 20 votes per share, so that co-founder Tony Xu “will be able to determine or significantly influence any action requiring the approval of our stockholders.”that DoorDash has had $1.
DoorDash is the United States’s biggest delivery service, with 49 percent of the meal delivery sales in September, compared to Uber’s 22 percent and Grubhub’s 20 percent. The industry as a whole is booming thanks to the pandemic, but DoorDash,
All three companies define: predatory behavior