DoorDash Inc (DASH)

[In for the run]

I was impressed with Doordash until recently when I found out that they have no protection for the company or its team members if the delivery is fraudulent.

Meaning food delivered but person who received denies delivery. This leads to the team member paying 50% and I would guess the company absorbing 50%.

This issue is becoming a very large problem especially in these difficult economic times.

I would expect this to seriously affect the company's bottom line and it is crippling long serving loyal drivers many who cannot afford the 50% financial responsibility they incur.

Of course right now the company has a limitless supply of drivers due to Covid and financial desperation but once the word gets out few will want the risk.

The company needs a foolproof way of assuring correct acceptance of delivery with either photo or digital signature technology.

This is a company problem not a driver problem, Doordash should have figured this out and taken the necessary steps to protect all.

Hopefully they have a solution ready to deploy.