Can DoorDash Take On Amazon?
It didn't take long for DoorDash (NYSE: DASH) to reach the top of the restaurant delivery heap.
Founded in 2013, well after rivals such as Uber and Grubhub, DoorDash now reigns supreme over the restaurant delivery universe with 57% market share, according to data analytics firm Bloomberg Second Measure. Uber Eats was second with just 21%.
DoorDash took the pole position in food delivery by focusing on the needs of the restaurants rather than just the consumer. It prioritized ensuring food was delivered hot and worked with restaurants to increase their sales, rather than just saving money for the customer. DoorDash also focused on chain restaurants in underpenetrated areas such as suburbs, giving it an important edge.
Source Fool.com
