DoorDash is the fastest growing meal delivery business during coronavirus lock down

It appears that neither DoorDash nor Grubhub is making a profit. GrubHub, founded in 2004 in Chicago and publicly traded, reported a $6.3 million loss on revenue of $1.3 billion last year. It went into the red in the fourth quarter of the year, perhaps reflecting its fight with DoorDash. Its stock, which hit a high of about $86 last year, closed trading Monday on the New York Stock Exchange at $46.68, up 7.3%.




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