Earlier quoted context omitted.
The delivery business is wildly unprofitable and just runs on VC money. As soon as this economic cycle is all over they'll probably all be out of business.
Ya, there is this ridiculous notion that, like Uber, you can just subsidize until they've run everyone else out of the market. But in reality, if Uber or door dash or whoever take over their respective markets and then back up prices, people will stop using them just as quickly as they started and smaller, cheaper competitors will pop right back up. You don't exactly need a multi-million dollar war chest to start del…
Unless they find an economy of scale solution, like driverless or automated deliveries that have huge upfront costs but once achieved leaves you with a dominant position for decades.