While DoorDash (NYSE: DASH) reported new quarterly records for total orders, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), and market share, some analysts were not convinced of the value the company provides moving forward.
It’s likely not only a DoorDash problem but rather a food delivery problem in a market that has accelerated because of COVID-19 pandemic-related restaurant restrictions.
“This past quarter showed phenomenal top-line growth and the company...
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