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DoorDash was founded in 2013.
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More than 4,000 DoorDash locations are across the U.S., Canada, and Australia.
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In 2020, DoorDash reported annual revenue of $2.9 billion, a significant increase from $885 million in 2019.
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During the COVID-19 pandemic, DoorDash experienced a surge in demand for food delivery services as people turned to online ordering and contactless delivery options.
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In December 2020, DoorDash went public and had a successful initial public offering (IPO) on the New York Stock Exchange (NYSE), raising approximately $3.4 billion.
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DoorDash held the largest market share in the U.S. food delivery market, accounting for approximately 56% of consumer spending.
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In the first quarter of 2021, DoorDash reported over 329 million orders, with an average order value of $40.48.
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DoorDash has come under fire for its business practices, particularly the fees it charges restaurants and drivers, and for raising issues around the rights of and compensation for its employees.
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In July 2021, DoorDash announced the acquisition of Square's food delivery service, Caviar, further expanding its market presence and reach.