DoorDash and McDonald’s: A Match Made in Heaven or a Recipe for Disaster?
In a move that’s being hailed as a game-changer in the food delivery industry, DoorDash Inc has partnered with McDonald’s to launch a new online ordering option in the US. But is this partnership a clever play to boost DoorDash’s services and increase its market presence, or a recipe for disaster that could ultimately harm consumers?
The partnership allows customers to order McDelivery directly from McDonalds.com through DoorDash’s online ordering system, without the need for an app, account, or login. This move is part of a global agreement between the two companies, which now offers McDelivery in 29 countries | | | | $ | 26,911 | | |———————————————————-| 1 | 1, | | | 1, | | | 1, | | | | | | | Total Revenue | **| | $ 17,594 | | | | 13,797 | | | | 34,282 | | | | 26,873 | | | Cost of revenue | | | 8, | | | | | | | | | | | | | | Gross profit margin | | 8,444 | | | | 7,115 | | | | 19,444 | | | | 17,155 | | | Products | | | 0 | | | | − | | | | − | | | | − | | | Total cost of revenue | | | 9,637 | | | | 9,090 | | | | 19,017 | | | | 18,590 | | | Gross profitably | | | | | | | | | | | | | | | | | | Sales and | | 1,000 | | | 70 1 | | | 1,000 | | | 145 | | | General and administrative | | | 1,115 | | | | 1,944 | | | | 3,964 | | | | 3,800 | | | **Research and engineering | | 1,456 | | | | 2,800 **| | | 5,511 | | | | 4,850 | | |———————————————————-|loss before income from | | 2,693 | | | | 1,139 | | | | 5,487 | | | | 1,166 | | | Net interest income | | | | | | | (1, | ) | | | (244 | ) | | | (1, | | | Other income (expense | | $ | | | | | 0 | | | | 1,235 | | | 246 | | | Net income before income taxes | | | 2,687 | | | | 1,185 | | | | 5,196 | | | | 1,764 | | | Provision for the benefit | | 1,000 | | | 0 | | | | 1,235 | | | | 456 | | |———————————————————| income | | 1,984 | | | $ | 896 | | | $ | 3,890 | | | | 1,326 | | |———————————————————|P/Series (in basic: | | | | | | | | | | | | | Basic EPS | | 0.23 | | | $ | 0.11 | | | $ | 0.48 | | | $ | 0.16 | | | Diluted | | $ | 0.24 ** | | | $0.11 | | | $ | 0.49 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |