Doordash, Inc Dash 10k Annual Reports & 10q Sec Filings

It instilled a culture in the startup which is still ingrained today, as DoorDash employees spend one day a month as a ‘dasher’ delivering food. To use individual functions (e.g., mark statistics as favourites, set statistic alerts) please log in with your personal account. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. DoorDash also launched a shared kitchen in 2019, which operate similar to dark kitchens that Deliveroo and Uber Eats use in Europe. These kitchens are located in areas with lower expenses and are delivery only, reducing the operating cost.

• DoorDash’s services are also available in Canada, Australia, Japan, and Germany.
• After submitting your request, you will receive an activation email to the requested email address.
• Founded in 2013, DoorDash enables local businesses to address consumers’ expectations of ease and immediacy and thrive in today’s convenience economy.
• These companies are similar in business line and location to Doordash.
• The following information was filed by Doordash, Inc. on Wednesday, February 16, 2022 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition.
• DoorDash vs Uber Eats and other major players in the food delivery segment by annual revenue.

By building the last-mile logistics infrastructure for local commerce, DoorDash is bringing communities closer, one doorstep at a time. DoorDash is a technology company that connects consumers with their favorite local and national businesses across the United States, Canada, Australia, Japan, and Germany. The following information was filed by Doordash, Inc. on Wednesday, February 16, 2022 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition.

Investor Faqs

DoorDash made this leap to first position by aggressively expanding into markets, sometimes controversially adding restaurants onto the platform before contacting them. Information is provided ‘as-is’ and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. 100% of DoorDash’s $2.886 billion in 2020 revenue came from its core business, up from 98.98% in 2019.

The following information was filed by Doordash, Inc. on Thursday, February 25, 2021 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. DoorDash acquired food delivery service Caviar from payments service company Square for $410 million in 2019. Named Deep Red in homage to the IBM chess system which beat Garry Kasparov, the system recommends restaurants to users and assigns the most capable rider to a delivery. Comparing DoorDash to Uber Eats and other major players in the food delivery segment by number of countries where they’re available. The transfer agent and registrar for DoorDash common stock is Computershare Trust Company, N.A. These companies are in the same general field as Doordash and are rapidly expanding.

These companies are similar in business line and location to Doordash. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees. DoorDash has 390,000 partnered restaurants and grocery markets on its platform. DoorDash had 25 million active users in 2021, adding five million in the past 12 months. It’s our job to make sure they see it, fall in love with it, and then grow your brand like crazy.

DoorDash statistics breaking down the company’s annual revenue by region. DoorDash is a technology company that connects consumers with their favorite local and national businesses in more than 4,000 cities and all 50 states across the United States, Canada, Australia, and Japan. Founded in 2013, DoorDash enables local businesses to address consumers’ expectations of ease and immediacy and thrive in today’s convenience economy.

Connecting The App Industry

In 2021, DoorDash generated revenues worth 4.8 billion U.S. dollars, almost doubling previous years’ results. The food delivery company based https://xcritical.com/ in the United States operates in over 7,000 cities. DoorDash’s services are also available in Canada, Australia, Japan, and Germany.

In the first year of operations, DoorDash expanded to 70 restaurants in the Bay Area and received $2.4 million in funding. It grew at a rate of 20 percent every week, according to Y Combinator.

Doordash Inc Annual Report 2020

To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you will receive an activation email to the requested email address. You must click the activation link in order to complete your subscription. A competitive analysis shows these companies doordash annual report are in the same general field as Doordash, even though they may not compete head-to-head. However, they may not have the largest market share in this industry if they have diversified into other business lines. The “Competition” section of a business plan or investment memorandum would start by analyzing the information about these companies.

Competitive advantage comes from offering better pricing or superior products/service. DoorDash has never made a profit and although the US food delivery market is consolidating, it still looks unlikely that it will post a profit in 2021. DoorDash vs Uber Eats and other major players in the food delivery segment by annual revenue. DoorDash has a leading 50% market share within the food delivery segment in the U.S. DoorDash stats on its market share in the food delivery segment within the U.S.

Get A Better Picture Of A Company’s Performance

DoorDash acquired Square’s Caviar food delivery service for $410 million a few months later, which is still available to use. While it has not perfected delivery, DoorDash has established itself as the leader in the US market, surpassing incumbent Grubhub and global leader Uber Eats. In 2020, DoorDash was responsible for 45 percent of all food delivery orders, holding a double digit advantage over everyone else. DoorDash reported an annual net loss of $468 million in 2021, $7 million more than the previous year. DoorDash began life as a paloaltodelivery.com and at launch the four founders ran the entire operation, which included building the app, receiving orders and delivering them.

Doordash Annual Revenue And Growth Rate

While a new recession may strike a particular industry, measuring the industry and company’s robustness during the last recession estimates its ability to weather future recessions. Doordash’s annual revenues are over $500 million and has over 1,000 employees. It is classified as operating in the Local Messengers & Local Delivery industry. Valuu provides insights and tools for self-directed stock investors. It enables you to easily find, valuate and track your stock investments with the help of reliable financial data and transparent analysis tools. In 2019, Uber attempted to merge with DoorDash, but the two rivals couldn’t come to an agreement.

In some cases apparently high growth rates may be caused by data that weren’t available in previous years. Determine whether Doordash grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Doordash is relative to the industry overall.