Does Door Dash Make Money?

in money •  4 years ago 

Well do to the Holidays, and just over all business we ordered out yesterday. We ordered Chipotle and had door dash deliver it. Started out good, until there was a police chase at the restaurant area, which held up the food. Then the driver got here, and I had 2 screaming kids so I did not check my order. When I got inside and realized that the order was someone else's the driver was already gone. My wife called and they quickly refunded our money, but we were without a order. So we went to Chipotle, but our order was also picked up, so they had to make a new one. With Door dash caring a valuation of 72 billion, you have to wonder how much money they make. The answer to that is none, the lost 667 million in 2019, and 149 million in first 9 months of 2020. I just don't know if they will ever be able to charge enough to turn a profit let alone a robust profit. It will be a interesting stock to watch over the next year or 2.

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To the question in your title, my Magic 8-Ball says:

Outlook not so good

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

Ya we had no food

We had to go to the store and re order

we might give it another try