Some good fundamental arguments in the comments: "but they have valuation of 50billions. But revenue is only 2 billions. They can do only business in the us. Restaurants are going out of business due to COVID. That means less business. It’s not like they’re Iphone can conquer whole world cause they’re shitty app company’s. Second, college kids and office workers etc no need of any deliveries like they used to. Uber is losing revenue and Lyft too. Even after COVID eradication delivery business has hard way to come back cause restaurant not coming back any time soon. Plus disruptors can come with less commission." "They’re only making money because they screw a lot of people over. Most menus listed in their website have insane markups compared to buying directly from the actual location along with delivery fees. If more people realized how much they are marking up a lot of the actual food prices without even having a part in making it I doubt many people would use it."