A Foolish Take: DoorDash Steals the Food Delivery Crown From Grubhub
Grubhub (NYSE: GRUB) was once the biggest food delivery platform in America. However, it lost the top spot to DoorDash in May, according to Second Measure, and that gap has gradually widened in subsequent months.
Data source: Second Measure. Chart by author.
DoorDash recently acquired Square's Caviar, a much smaller rival, and landed a new delivery deal with McDonald's after the fast-food chain's exclusive agreement with Uber Eats expired. Those moves could help DoorDash maintain its lead against Grubhub, but there are also signs of trouble on the horizon.
Source Fool.com
