DoorDash CEO Tony Xu on Inflation, Volatility Weighs on Software Stocks & Nvidia Announces New Products 9/20/22
TechCheck
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DoorDash, Uber, Albertsons - What's the Difference?
DoorDash has commanded a higher valuation among investors, also better profitability historically. When you look at how these two stocks have performed, quarter to date, Uber is up 55% from a much lower base,. But Dashers down nearly 7%. So Carl, I'm going to be interested in asking Tony what he's seeing in terms of thatConsumer demand is inflation leading to smaller basket sizes, less orders.
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