DoorDash's Steady Post-Lockdown Performance

The transcript discusses DoorDash's strong market fundamentals and growth, especially during the pandemic, with a focus on expanding beyond restaurants into new categories. Despite macroeconomic challenges like inflation, DoorDash maintains a robust driver supply and continues to invest in driver incentives. The company differentiates itself from ride-sharing services and emphasizes its strategic approach to mergers and acquisitions, as seen in the Volt acquisition, to expand its global footprint.

What has DoorDash focused on to maintain strong business fundamentals?

• Increasing advertising spend

• Expanding into new countries

• Reducing delivery fees

• Focusing on fundamentals and user growth

How has DoorDash's business been affected during the pandemic?

• It has reduced its profitability

• It has stopped expanding into new categories

• It has grown by 250% in the US restaurant business

• It has seen a decline in user growth

What strategy is DoorDash using to combat inflationary pressures?

• Cutting down on marketing

• Reducing driver bonuses

• Increasing delivery fees

• Offering cash back on fuel expenses

How does DoorDash ensure a large pool of drivers?

• By offering full-time employment

• By providing part-time and flexible work opportunities

• By reducing driver pay

• By limiting the number of drivers

What is DoorDash's approach to mergers and acquisitions?

• Only acquiring companies in the US

• Focusing on deals that are accretive to the business and management bandwidth

• Acquiring as many companies as possible

• Avoiding any acquisitions

What percentage of DoorDash drivers work fewer than 10 hours a week?

• 100%

• 50%

• 70%

• 90%

Why does DoorDash not compete directly with ride-sharing services for drivers?

• DoorDash has fewer drivers

• DoorDash drivers prefer delivery over driving people

• DoorDash operates in different regions

• DoorDash offers higher pay