DoorDash Projected to Reach 20% of US Restaurants by 2035
DoorDash has not yet announced the launch of a point-of-sale (POS) device. But such a move could pose a threat to restaurant-focused payments companies like Toast , Bloomberg News reported Tuesday (May 12), citing an analysis from investment advisor Rothschild & Co Redburn’s Dominic Ball . “While it may appear early to forecast a product that DoorDash has not formally announced, our conviction comes from extensive channel checks, product evidence, hiring activity and merchant feedback,” Ball wro