Has Private Equity Money Dried up for Restaurants?
Foodable
MARCH 29, 2022
Instacart still could be overvalued relative to DASH, however, as its revenue growth, last year was less than a third of DoorDash’s, 21% versus 69%, while its price-to-sales ratio is more than 50% higher at 13x compared to DASH’s 7.5x. Fast Casual Drive-Thru? Will this move continue to help the stock price ?
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