Uber + DoorDash Q2

Delivery

Even though Doordash is operating only in fewer countries compared to Uber its Gross Order Volume is very close to Uber delivery volume.

Uber made a Revenue of 1.963 Billion out of Gross Volume of 12.912 Billion (Revenue = 15% Gross Volume)

DoorDash made a Revenue of 1.236 Billion out of Gross Volume of 10.456 Billion (Revenue = 11.8 (or 12) % Gross Volume)

Even though Uber Eats charges more (approximately 25% more than Doordash) Uber Eats ended up losing much more money than DoorDash

It is possible that Uber Eats spends more because it operates in many different regions compared to DoorDash. As a result margins are low (negative) for Uber. But if Uber really is spending on growth it should be reflected in Gross Bookings which are very close to Doordash.

At least as of Q2’2021 DoorDash seems to very efficient in deliveries than Uber Delivery division.