DoorDash Worth Billions as Restaurants Close En Masse
. It took a pandemic, making consumers and restaurants increasingly dependent on delivery, for third-party platform DoorDash to finally eke out a profit after quarter upon quarter of losses in the hundreds of millions. It’s a company that exploits the vulnerabilities of gig workers, gouges its restaurant partners, preys upon restaurants that aren’t partners, and subverts government regulations. It’s not unique in its competitive set — it’s easy for both customers and restaurants to switch platforms — nor is it guaranteed to maintain profits post-pandemic. As Ranjan Roy put it in t...
Source: eater.com