
DoorDash Reports Strong Growth But Cash Burn in Q4
The results showed that DoorDash's marketing costs continued to tick up, raising questions about how the company will fare once the pandemic ends.
Why it is one to watch: The DoorDash IPO will help us gauge whether it stands to surpass GrubHub in market cap, as well as how food delivery businesses perform when independent of a larger ride-sharing app (i.e. Postmates/Uber; UberEats).
Expected timing: December.
Type: IPO
S-1: Filed 11/13. Amended filing 11/30 here.