People are realizing the business model doesn’t make any sense
A food delivery company is not going to change the world. Absurd valuation.
A lot of stocks that benefited from WFH are crashing. For example Zoom and DocuSign are down more than 50% from their peaks.
At the height of food delivery during the pandemic, doordash couldn’t be profitable. Their future looks gloomy.
We are ebidta profitable already. Losses coming from growth and expansion
As it should be. They’re bleeding money and what’s their solution to start making money? When robo taxis are available?
Next step will be having drivers pee in bottles and work 10 hours a day
Not surprised… Their customer service is the worst!!! Uber eats >>> doordash
Actually Uber eats customer service is the worst I have ever seen in my life 😅
Why do people still want to buy DoorDash, Uber and Lyft? Buy stocks of companies with very useful products, not just hyped. Lyft was my terrible investment, thankfully, I exited it during the pandemic.
Uber and Lyft's business should pick up after the pandemic ends.
And when is the pandemic ending? Seems this is going to drag on for 2-3 more years. History shows pandemics last 5 years and human intervention doesn't shorten it just control deaths.
Isn’t the overall market down in last few days especially tech growth stocks? I would buy the dip here and hold.
overvalued.
Please keep selling our stock!
May be they didn’t deliver to wall-street what they ordered 😉😉😉