I invested in DoorDash at the beginning of pandemics. Stock has had rather erratic performance, yet I have held on to it thinking that established delivery service can hardly fail given the changes in consumer habits. The last two quarters were... — read more
Almost nothing for shareholders
DASH loses a lot of money every quarter. The company now reported a first-quarter net loss of $162 million. I don't know what the leadership expects will happen if it continues to pay themselves a huge amount of money and shareholders get... — read more
Food delivery industry prospects
I wouldn't say that the troubles on the inflation front are over yet, that is, that consumers are now more comfortable with spending. DASH is in the green, but rising food prices is a big concern and I wonder where this industry is heading. I'm... — read more
This has not been a good year for DoorDash
The stock lost nearly two-thirds of its value, and I'd lie if I said that doesn't hurt. I kept steady, believing we were only looking at a temporary dip, but now I'm not so sure anymore. The more I read about it and the more I think about it, I'm... — read more
Food delivery startup acquisition
What do you think of that move? I still don’t know what to think of it or whether I like it. I can't find much financial info on Wolt. Anyway, I’m surprised at how much the story has grown since the announcement. Shares soar 22% despite wider than... — read more