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Doordash - Coggle Diagram
Doordash
Doordash New Vertical
Convenience (7-11, Dashmart, Riteaid, Duane Reade)
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Pets (Petco, Pets on the Block)
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Key figures
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GOV size = xx, CAGR of xx% over the past 5 years
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Q2/2023 GOV +26%, Sales +33%
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Evaluating new business
- Huge scale of problem that we can solve than others
- Availability of capital, tech and ppl to build and scale solution
- Path to strong long term ROI (new ventures always reduce short term profitability in IS) and Illustrated by Business X with 5% FCF yield on long term FCF.
- More discipline and aiming at New Vertical, international mkt and ads.
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Opportunities
Main = US, Canada, Australia, Jap, Ger, NZ
In 27 countries (via Wolt), combined population of 750 million ppl market
Apart from key markets, monthly marketplace order per capita is still super low.
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