Meta Loses Top-10 Ranking by Market Value Amid Worst Month Ever

American City Business Journals

What customers are not ordering says a lot about the future of DoorDash

In the last month, roughly one out of seven DoorDash users who went on the app ordered from other than a restaurant, the company said Wednesday. DoorDash continues to eschew short-term profitability in favor of the long game of market share, customer retention and order frequency. As it’s grown, the San Francisco-based company has moved beyond its core restaurant business, expanding laterally into new product categories — merchant websites via DoorDash Storefront, convenience store delivery, groceries, pickup facilitation and white label service via DoorDash Drive, to name a few.