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DoorDash Inc Ordinary Shares - Class A

DASH: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$624.00DpmfrvKzbfvtrd

We See DoorDash as a Leader in Online Food Aggregation

Business Strategy and Outlook

DoorDash holds the number one position as an online food order aggregator in the US, ahead of Uber Technologies’ Uber Eats and Grubhub. The firm is at the early stages in trying to attract a larger piece of what we estimate could be $1 trillion worth of goods and services by 2025 to its platform. DoorDash benefits from the network effects between merchants, deliverers (or “dashers”), and consumers, plus intangible assets, in the form of data, which we believe together warrant our narrow moat rating.

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