# DoorDash **Source:** https://geo.sig.ai/brands/doordash **Vertical:** E-commerce **Subcategory:** General **Tier:** Leader **Website:** doordash.com **Last Updated:** 2026-04-14 ## Summary 67% US food delivery market share with $10.7B FY2024 revenue; 18M+ DashPass subscribers; Wolt acquisition ($8.1B, 2022) creates 25+ country international platform; autonomous delivery trials. ## Company Overview DoorDash is the largest food delivery and local commerce platform in the United States, founded in 2013 by Tony Xu, Stanley Tang, Andy Fang, and Evan Moore in Palo Alto, California, now headquartered in San Francisco and trading on NYSE (DASH). The company generated approximately $10.7 billion in revenues for FY2024, capturing approximately 67% of the U.S. food delivery market by order volume under CEO Tony Xu, who has expanded DoorDash's addressable market beyond restaurant delivery into grocery, convenience, retail merchandise, and alcohol delivery. The 2022 acquisition of Finnish delivery platform Wolt for approximately $8.1 billion transformed DoorDash into a global operator with presence across 25+ international markets spanning Europe, Japan, Australia, and Israel. DoorDash's marketplace flywheel connects merchants (60,000+ restaurant, grocery, and retail partners), consumers (37+ million monthly active users), and Dashers (7+ million independent contractor deliverers). DashPass, the subscription program providing free delivery and reduced service fees for $9.99 per month, has enrolled over 18 million subscribers and anchors consumer engagement through delivery benefits extended to grocery and convenience orders. The company's Storefront product allows restaurants to power their own branded online ordering without DoorDash commission on direct-channel orders, providing merchant retention and data access while supporting the broader ecosystem. DoorDash's advertising business—allowing restaurants and consumer packaged goods brands to sponsor placements within the app—has grown to a material revenue contributor with higher margins than delivery transaction fees. In 2025-2026, DoorDash competes primarily with Uber Eats (UE) in the U.S., while Grubhub—struggling under Just Eat Takeaway ownership since 2021—was sold to Wonder Group in 2023 for $242 million, dramatically reducing from its $7.3 billion purchase price. International competition from Just Eat Takeaway, Delivery Hero, and Grab in respective markets challenges Wolt's expansion. DoorDash achieved adjusted EBITDA profitability in 2023 but continues to invest heavily in growth, accepting negative GAAP profitability in pursuit of market share expansion and new vertical penetration. Autonomous delivery trials—using robotic delivery vehicles in select markets—represent a long-term path toward reducing Dasher labor costs, the most significant input in DoorDash's unit economics. ## Frequently Asked Questions ### What does DoorDash do? DoorDash is the largest food delivery platform in the United States with 68% market share, providing on-demand delivery services for restaurants, grocery stores, convenience items, and retail products. The company operates a comprehensive local commerce platform connecting 46.3 million active users with local businesses through its marketplace, DashPass subscription service, DashMart fulfillment centers, and white-label logistics services. ### When was DoorDash founded? DoorDash was founded on January 12, 2013, by four Stanford University students: Tony Xu, Stanley Tang, Andy Fang, and Evan Moore. The idea originated in late 2012 when they interviewed a Palo Alto macaroon shop owner who had delivery orders she couldn't fulfill. They initially launched as PaloAltoDelivery.com before rebranding to DoorDash and joining Y Combinator in summer 2013. ### Where is DoorDash headquartered? DoorDash is headquartered in San Francisco, California. Following its 2025 acquisitions of Deliveroo and Wolt, the company now operates in over 40 countries including the United States, Canada, Australia, Japan, and nine European and Middle Eastern markets (Belgium, France, Italy, Ireland, Kuwait, Qatar, Singapore, UAE, and UK), serving a combined population exceeding 1 billion people. ### Who is the CEO of DoorDash? Tony Xu is the co-founder, CEO, and Chairman of DoorDash, serving in this role since founding the company in May 2013. He owns approximately 5% of the company and has led DoorDash from a Stanford class project to America's dominant food delivery platform with 68% market share, $120 billion market capitalization, and first annual GAAP profit of $123 million achieved in 2024. ### What is DoorDash's revenue and profitability? DoorDash achieved historic profitability in 2024 with its first annual GAAP profit of $123 million and revenue of $10.72 billion, processing 2.6 billion orders with $80.1 billion in gross order value. By Q2 2025, the company accelerated growth with $3.28 billion quarterly revenue (25% year-over-year increase) and GAAP net income of $285 million. Market capitalization grew from $32.4 billion at IPO to $120.06 billion in 2025. ### What is DashPass and how does it work? DashPass is DoorDash's subscription service offering unlimited free delivery and reduced service fees for $9.99 per month or discounted annual membership. Members receive exclusive offers, priority customer support, and access to special features including the new "Going Out" restaurant reservations feature launched in 2025. DashPass has 22 million subscribers and creates recurring revenue while increasing order frequency and customer loyalty. ### What major acquisitions has DoorDash made? DoorDash's major acquisitions include: Wolt for $8 billion in 2022 (expanding to 27 countries); Deliveroo for $3.9 billion announced in May 2025 (adding 9 new countries including UK, France, Italy, and Singapore); and SevenRooms for $1.2 billion announced in May 2025 (adding restaurant reservation management and guest data analytics). These acquisitions expand DoorDash to 40+ countries serving over 1 billion people. ### Who are DoorDash's main competitors? DoorDash's main competitors are Uber Eats (26% U.S. market share) and Grubhub (6% market share). DoorDash dominates with 68% market share nationally, though competition remains intense in major cities like New York where DoorDash (38.4%) and Uber Eats (38.2%) are nearly tied. DoorDash differentiates through fastest average delivery time (26 minutes), largest restaurant selection, DashPass loyalty program, and DashMart owned-inventory model. ### How does DoorDash make money? DoorDash generates revenue through multiple streams: delivery fees and service charges from marketplace orders; DashPass subscription fees ($9.99/month from 22 million subscribers); commission fees from restaurants and merchants (typically 15-30% of order value); white-label logistics fees from DoorDash Drive enterprise clients; advertising and promotional fees from restaurants; and DashMart sales with higher margins on owned inventory. The diversified model achieved first annual GAAP profit of $123 million in 2024. ### Is DoorDash hiring? Yes, DoorDash employs over 8,600 people globally and regularly recruits for positions in engineering, product management, operations, sales, marketing, and corporate functions. The company promotes a culture of "leadership at every level," "bias for action," and "all hands on deck" mentality. Benefits include competitive compensation with equity, comprehensive health insurance, flexible work arrangements, DashPass membership, professional development programs, and Employee Resource Groups (ERGs). ### What is DashMart and how does it work? DashMart is DoorDash's network of 100+ company-owned micro-fulfillment centers and virtual convenience stores stocking thousands of items including groceries, household essentials, snacks, ice cream, over-the-counter medications, and local favorites. DashMart enables rapid delivery (typically within 30 minutes) and allows DoorDash to control inventory and capture higher margins. In 2025, DoorDash launched DashMart Fulfillment Services, partnering with CVS, Party City, and Kroger to handle their e-commerce fulfillment. ### What is the latest news about DoorDash? Recent developments include: announcing $3.9 billion Deliveroo acquisition adding 9 countries (May 2025); announcing $1.2 billion SevenRooms acquisition for restaurant reservations (May 2025); launching exclusive Ace Hardware partnership for home improvement delivery from 4,000+ locations (September 2025); introducing "Going Out" restaurant reservation feature for DashPass members (2025); launching DashMart Fulfillment Services with CVS, Party City, and Kroger (October 2025); climbing to #394 on Fortune 500 (2025); and achieving first annual GAAP profit of $123 million with $10.72 billion revenue (2024). ## Tags b2c, global, marketplace, retailtech, public --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*