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Will DoorDash Ever Make Money?

Will DoorDash Ever Make Money?

A poster child of unprofitability has been DoorDash (NYSE: DASH), a food delivery service that has exploded in popularity over the last few years. Undeterred by these losses, the executive team stated in their latest quarterly letter that the delivery platform it is building will create shareholder value (i.e., generate profits) over the long term. Should investors trust that DoorDash management is building a profitable enterprise for the future?