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DoorDash is backed by investment giant Softbank, which this week posted a record-breaking loss of nearly $13bn.
Defending the loss, chief executive Masayoshi Son reportedly compared himself to Jesus.
Holy fuck, imagine the ego.
I mean, Jesus famously overcharged on delivery and transaction fees when feeding the masses with all that miraculously created bread and fish while also losing 13 billion dollars in the process, somehow, right?
No, wait, I’m thinking of a different guy…
This comment reminded me of Supply Side Jesus: https://www.beliefnet.com/news/2003/09/the-gospel-of-supply-side-jesus.aspx
Our nearest Pizza Hut delivers via Doordash whether you order direct or through DD, but if you order direct its 30% cheaper. I’m not sure who’s eating the markup.
Doordash charges restaurants a percentage of the gross from the sale. Rather than eat this cost, restaurants are encouraged but not forced to add a markup on the prices they give Doordash (or insert your favorite third party delivery app here). They all do it.
If you order from a store’s own website though, Doordash (I don’t know if other third parties do this) did not “find” or create the business/order… they are really only handling the delivery portion.
In this instance, they still have some fees but do not take the large percentage, as that is a finder or broker fee. They aren’t bringing the restaurant the business, it’s the other way around.
Thus, restaurants can use their normal pricing. If you can find the places near you doing this, it’s a much better deal than using Doordash normally.
