DoorDash, Inc. Class A Common Stock

GrubHub Inc

Uber Technologies, Inc.

1.  Its acquisition of Wolt allows it to capitalize on the international growth of food delivery, grocery delivery, and other forms of local delivery
2. They've been free cash flow positive [since Q1 2021](https://finance.yahoo.com/quote/DASH/cash-flow?p=DASH) and I believe they can keep up the performance
3. In the long run, local delivery will become a bigger thing
4. DashPass is gaining momentum, which means more recurring revenue for the company
5. Having employees do food delivery will help them understand the service better and use this newfound knowledge to provide better service than their competitors $UBER $GRUB and more

At the same time, I acknowledge that revenue growth has decelerated since the pandemic and that the stock may still be overvalued. That's why $0.02 on DoorDash shares.

Side note: I'm surprised that they're now trading below their IPO price despite the Fed choosing to keep interest rates low.

I got burned not only on $GRUB but on Demaecan (TYO:2484) and I think I've had enough of delivery business investments. Lol! DoorDash may be a good business but this is a such a competitive market and I don't think consumers have much loyalty. I personally flip back and forth between Grubhub and Uber Eats, depending on who delivers what I want and whether I've used my $10/month Amex dining credit. Do you use $DASH, @dissectmarkets?

Joshua Simka

https://finance.yahoo.com/quote/DASH/cash-flow?p=DASH

Reasons to buy the dip on $DASH

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