Doordash Revenue and Growth Statistics (2024)
Amazing facts about DoorDash
- The United States continue to hold the top spot with 90.48% market share in the DoorDash market.
- In 2022, DoorDash accomplished a significant accomplishment by reaching over 32 million users worldwide.
- As of 2022, DoorDash has 28 million users in the United States, 1.7 million in Canada, 896,000 in Australia, 76,800 in New Zealand, and 44,800 in the United Kingdom. The total number of users in other countries is 304,000.
- In 2022, DoorDash achieved a significant feat by reaching more than 32 million users worldwide.
- In 2022, DoorDash has 28 million US users, 1.7 million in Canada, 896,000 in Australia, 76,800 in New Zealand, and 44,800 in the UK, making it a popular global food delivery service.
- In 2022, DoorDash received more than 1.7 billion orders.
- In 2022, DoorDash’s marketplace sales were around $40 billion.
- As of 2022, DoorDash has partnerships with 400,000 restaurants on its platform, including food stores.
- As of April 07, 2023, the market capitalization of DoorDash stands at $23.79 billion.
- As of FY2022, DoorDash’s net worth is $18.13 billion.
- As of 2022, DoorDash’s gross profit stands at an impressive $2.99 billion.
Overview about DoorDash
DoorDash at a glance
DoorDash, which was originally founded as PaloAltoDelivery.com in Palo Alto, California in 2013 by four Stanford University students, has become a leading player in the online food delivery market in the United States.
The company currently has a 65% market share and a gross order volume of more than $53 billion. DoorDash has been particularly successful in outpacing its competitors and building lasting customer engagement in the United States, especially during the pandemic.
The company has focused on delivering to consumers in suburban and rural areas that were largely underserved by food delivery giants, and this strategy has paid off. By early 2019, DoorDash’s market share surpassed that of key rivals in the U.S. market, Grubhub and Uber Eats.
DoorDash raised some $2.5 billion in funding in 2020, making it one of the largest recipients of funding in the online food delivery sector worldwide. Although the company has never turned a profit and operates in a highly competitive industry, its stock market debut in December 2020 valued the company at $72 billion, only seven years after its founding.
DoorDash has also made efforts to expand overseas, becoming the most visited online food delivery website worldwide in 2022 and acquiring Finnish company Wolt, a key player in the European food delivery market, in a deal worth more than $8 billion. With access to the 23 markets in which Wolt operates, DoorDash recorded annual revenues of $6.6 billion in 2022, up from approximately $885 million in 2019.
What is the market share of DoorDash users by country?
Recent data shows that DoorDash has a dominant 90.48% market share in the United States’ food delivery market, making it the leading food delivery service in the country with a rapidly growing user base.
DoorDash’s success in the United States has also prompted its expansion into other countries like Canada and Australia where it aims to establish its position as the leading food delivery service.
Despite facing intense competition from other food delivery services, DoorDash’s market share in the United States remains strong and shows no signs of decline anytime soon.
Source: Similar Web
What is the percentage of DoorDash sales in major cities in the United States?
San Francisco is leading the pack when it comes to meal delivery services.
The city accounts for a staggering 74% of sales across the United States, outpacing other states by a significant margin.
Source: Statista
What is DoorDash market share in the food delivery industry?
As of February 2023, DoorDash continued to dominate the online food delivery market in the United States, with a market share of 65%. While DoorDash has users in multiple countries, the United States remains the most popular among them.
How many DoorDash users are there? (Worldwide monthly active users)
In 2022, DoorDash achieved a significant feat by reaching more than 32 million users worldwide.
This has been a result of the company’s dedication to providing exceptional service, meeting the needs of their customers, and expanding their reach to new markets.
In addition, DoorDash has continued to innovate and introduce new features to their platform, such as real-time order tracking and personalized recommendations based on user preferences.
As a result, they have seen a steady increase in user engagement and satisfaction, leading to continued growth and success for the company.
How many DoorDash users are there by regions?
As of 2022, DoorDash has 28 million users in the United States, 1.7 million in Canada, 896,000 in Australia, 76,800 in New Zealand, and 44,800 in the United Kingdom, making it one of the most popular food delivery services in the world.
The company’s success can be attributed to its user-friendly app, which makes it easy for customers to order food from their favorite restaurants with just a few taps on their smartphone. Additionally, DoorDash has formed partnerships with popular restaurant chains to offer exclusive deals and discounts to its users.
DoorDash’s growth has not been limited to the countries mentioned above. In fact, the company has expanded its services to many other countries, including France, Germany, Spain, and Japan, to name a few. While the total number of users in these countries is currently at 304,000, DoorDash’s aggressive expansion strategy is expected to increase this number significantly in the coming years.
Overall, DoorDash’s impressive user base and expansion strategy make it a major player in the food delivery industry. With continued investment and innovation, the company is poised for even greater success in the future.
What is the total order volume on DoorDash per year? (DoorDash’s gross bookings for each year)
In 2022, DoorDash received more than 1.7 billion orders.
DoorDash marketplace gross order value (DoorDash GOV)
In 2022, DoorDash’s marketplace sales were around $40 billion.
DoorDash is a food delivery service that partners with local restaurants to deliver food to customers. By using DoorDash, customers can order food from any restaurant that partners with the company, and the food is delivered right to their door.
DoorDash has grown rapidly in recent years, expanding its services to include grocery and convenience store delivery. Despite the challenges posed by the pandemic, DoorDash’s sales continued to increase due to the growing demand for food delivery services.
Source: DoorDash
How many DoorDash food-store partners are there?
As of 2022, DoorDash has partnerships with 400,000 restaurants on its platform, including food stores.
Source: CNBC
What is the average amount of time that users spend on the DoorDash before making a food selection?
On DoorDash, it’s common for customers to spend around 6 minutes and 46 seconds browsing their food options before making a selection.
Source: Similar Web
DoorDash users demographics
DoorDash users by gender
The majority of DoorDash users who order food online are male, with 52.04% identifying as such. The remaining 47.96% identify as female.
Source: Similar Web
DoorDash users by age
The largest age group of DoorDash users are aged 25 to 34, comprising 31.34% of all users across different age groups.
Source: Similar Web
How many Android DoorDash mobile Downloads are there?
According to Google Play, the Android version of the app has been downloaded over 10 million times worldwide over the years.
Source: Google Play
How much is DoorDash worth? (Valuation)
As of FY2022, DoorDash’s net worth is $18.13 billion.
Source: Macro Trends
DoorDash Market Cap
As of April 07, 2023, the market capitalization of DoorDash stands at $23.79 billion.
Source: Macro Trends
DoorDash Revenue
DoorDash has consistently grown its revenue year-over-year, with the company currently earning $6.58 billion in revenue as of 2022.
Source: Macro Trends
DoorDash Gross Profit
As of 2022, DoorDash’s gross profit stands at an impressive $2.99 billion. This is a testament to the company’s unwavering commitment to excellence and innovation in the highly competitive food delivery industry.
Source: Macro Trends
DoorDash Funding
DoorDash has been successful in raising a significant amount of funding throughout its history, with a total of $2.5 billion raised over the course of 13 rounds.
This impressive accomplishment is a testament to the company’s ability to attract and retain investors who see the potential for growth and profitability in the food delivery market.
Furthermore, DoorDash’s most recent funding round was completed on June 18, 2020, in the form of a Series H round.
This successful funding round is indicative of the company’s continued growth and success in the highly competitive food delivery industry, and suggests that DoorDash is well-positioned for future success and expansion.
Source: Crunch Base
DoorDash Investors
The company has received funding from 31 investors, including Durable Capital Partners and T. Rowe Price, who are the most recent investors.
DoorDash owes its success to its innovative business model, which connects customers with local restaurants and allows them to order food online. Moreover, DoorDash has earned a loyal customer base by providing a seamless and convenient user experience.
With its ongoing growth and expansion into new markets, DoorDash is well positioned to remain a major player in the food delivery industry for years to come.
Source: Crunch Base
DoorDash Investment
DoorDash has made significant investments to improve its services.
In fact, it has made four such investments, with the most recent one being on Mar 10, 2022.
During this investment round, Roofstock was able to raise $240 million, which is a significant amount of money. This investment will help Roofstock expand its services and improve its offerings to customers.
Overall, this investment reflects the confidence that investors have in both DoorDash and Roofstock, and it is a positive sign for the future of both companies.
Source: Crunch Base
DoorDash Acquisitions
DoorDash has acquired a total of seven organizations, with its most recent addition being Bbot on March 1, 2022.
Source: Crunch Base
How does DoorDash make money? (DoorDash business model)
DoorDash earns revenue by charging commissions on all orders that it delivers for its restaurant and convenience retail partners.
In doing so, the company is able to provide a valuable service to these businesses by allowing them to reach a wider customer base through DoorDash’s extensive network.
However, DoorDash’s revenue streams don’t stop there. The company also generates recurring revenue from subscription services, such as DashPass, DoorDash for Work, and Drive.
These services provide additional value to customers by offering perks such as free delivery and exclusive discounts. By diversifying their revenue streams in this way, DoorDash is able to ensure a steady stream of income while also continuing to innovate and provide new services to their users.
Where is the DoorDash service available? (in which countries)
DoorDash is a delivery service that offers a wide range of food options from various restaurants.
The company has been expanding its reach and currently operates in multiple countries around the world.
In addition to the countries mentioned, DoorDash has also recently started providing its services in the United Kingdom, France, and Spain, making it one of the largest food delivery services in the world.
DoorDash has been successful in part due to its easy-to-use app, which allows users to quickly place orders and track their deliveries in real-time.
The company has also partnered with numerous restaurants to offer exclusive deals and discounts to its users, making it an attractive option for those looking for affordable and convenient food delivery.
How many people work at DoorDash?
In 2022, DoorDash experienced significant growth in employee numbers, with a reported total of 16,800 employees.
This increase in staff is indicative of the company’s expanding business operations, which have likely required the hiring of additional workers to meet demand.
As DoorDash continues to grow and expand into new markets, it will likely need to continue hiring new employees to help manage and support its operations.
This growth in staff also highlights the company’s commitment to creating job opportunities and contributing to the local economy.
Source: Macro Trends
Other DoorDash Operations Analysis
DoorDash merchants
In order to be considered an “active monthly merchant,” individual stores are required to fulfill at least one order. This means that DoorDash is constantly growing its network of merchants, which is evident from the numbers.
As of December 2020, DoorDash had reported 450,000 active monthly merchants. This is an impressive feat, but it is not the whole story. DoorDash has continued to grow since then, adding more merchants to its platform.
In fact, in just three months since September 2020, the food delivery company has added 60,000 more merchants. This is a testament to DoorDash’s success and its ability to attract new businesses to its platform.
Source: DoorDash
DoorDash couriers
DoorDash has experienced tremendous growth in the first quarter of 2021, with over 2 million delivery couriers, also known as Dashers, and total earnings of over $2.5 billion.
This is a significant achievement for the company, which has been able to expand its operations and increase its customer base.
The increase in the number of Dashers has also led to faster delivery times and improved customer satisfaction.
Furthermore, DoorDash has been able to maintain its position as a market leader in the food delivery industry, despite facing increasing competition from other players in the market.
Overall, the company’s performance in the first quarter of 2021 has been impressive and sets the stage for continued growth in the future.
Source: DoorDash
Who owns DoorDash? (DoorDash founder)
DoorDash was founded in 2013 by Tony Xu, Stanley Tang, Andy Fang, and Evan Moore. Since its founding, the company has grown significantly and now operates in hundreds of cities across the United States, Canada, and Australia.
DoorDash’s mission is to empower local economies by connecting customers with their favorite restaurants and enabling them to have food delivered to their doorstep.
The company has also been at the forefront of the gig economy, providing flexible work opportunities for thousands of delivery drivers.
In addition, DoorDash has recently expanded its services beyond food delivery, offering grocery and convenience store delivery as well. Overall, DoorDash is a company that has revolutionized the way that people order food and has played a significant role in shaping the modern food delivery industry.
DoorDash Founders’ Net worth
- Tony Xu
Tony Xu is the CEO and co-founder of DoorDash, a restaurant delivery service that was founded in 2013. In 2020, after the company went public, Xu’s 4.6% ownership stake and options made him a billionaire.
DoorDash is the biggest food delivery service in the United States, delivering meals and other goods from 390,000 restaurants and merchants, including CVS.
Xu was born in China and moved to the United States at the age of five. During his childhood, Xu’s mother worked as a server at a Chinese restaurant.
Source: Forbes
- Stanley Tang
Stanley Tang is one of the co-founders and leads the labs team at DoorDash, a restaurant delivery app based in San Francisco. Tang has a roughly 4% stake in DoorDash, which went public on the New York Stock Exchange in early December 2020.
Source: Forbes
- Andy Fang
Andy Fang co-founded DoorDash, a food delivery app, and currently serves as its head of consumer engineering. He holds an approximate 4% ownership stake in DoorDash. The company recently went public, listing its shares on the New York Stock Exchange in early December 2020.
Source: Forbes
DoorDash Traffic Analysis
DoorDash Main Traffic Sources
According to website analytics, the vast majority (74.88%) of visits to doordash.com come directly to the website, indicating a strong brand presence and customer loyalty.
It is interesting to note that organic search is the second highest source of traffic, accounting for 14.65% of visits. This indicates that doordash.com is also effectively utilizing search engine optimization strategies to attract new visitors to the website.
Source: Similar Web
DoorDash Social Media Traffic Sources
DoorDash social media presence is strongest on YouTube, where it has a channel with over 9,000 subscribers. Doordash uses this platform to showcase its latest offerings, highlight promotions, and feature behind-the-scenes looks at the company’s operations. However, the company also maintains a strong presence on Facebook and Twitter, where it engages with customers, posts updates about its services, and responds to inquiries and feedback.
Overall, Doordash’s success can be attributed to its innovative approach to food delivery, its wide selection of restaurants and cuisines, and its commitment to customer satisfaction. As the company continues to grow and expand its services, it is sure to remain a top player in the food delivery industry.
Source: Similar Web
