DASH - Better Buy: Uber Stock vs. DoorDash Stock
2024-04-03 05:26:00 ET
DoorDash (NASDAQ: DASH) is the largest food delivery platform in America with a 67% market share. Uber Technologies (NYSE: UBER) also operates in that industry, although it's sitting in a distant second place with a market share of just 23%.
However, Uber is a much larger business because it also operates the world's largest ride-hailing platform, and it has a growing commercial freight segment. DoorDash isn't a one-trick pony, though -- it's expanding its delivery service to include groceries and retail goods.
So which company is the better long-term investment? Let's compare both based on three important metrics.
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Better Buy: Uber Stock vs. DoorDash Stock