10 Best Delivery Stocks to Buy According to Billionaires

3. DoorDash, Inc. (NASDAQ:DASH)

Number of Billionaires: 19

Billionaire Holdings: 5,024,114,424 

DoorDash, Inc. (NASDAQ:DASH) holds almost 60% of the market share. It is the leading food and convenience delivery platform in North America and is listed among our Best Delivery Stocks. Uber Eats, its nearest rival, owns about 30%. After successfully entering the European and Asian markets through the acquisition of Wolt in 2022, the firm broadened its global reach and geographically diversified the business. As of December 2024, the company has about 42 million monthly active users and just processed 2.5 billion orders for the year, setting a new benchmark for marketplace network participation.

DoorDash, Inc. (NASDAQ:DASH) achieved its first full year of positive GAAP net income in 2024, a 24% year-over-year growth in revenue, approximately $60 billion in sales for local merchants in more than 30 countries, and over $18 billion in earnings for Dashers.

The firm is expanding rapidly abroad, surpassing rivals and capturing market share in each nation while preserving a positive gross profit margin and better unit economics. With improved unit economics YoY in 2024 and increasing user engagement and expenditure, DoorDash, Inc. (NASDAQ:DASH) is leading in new verticals in the U.S. DashPass and Wolt+, its membership programs, are still growing, with Wolt+ expanding more quickly than DashPass in its early years. The advertising division of the company also had a successful year, concentrating on striking a balance between the demands of advertisers and consumers while growing its global presence.

Recently, DoorDash, Inc. (NASDAQ:DASH) announced a fresh partnership with The Home Depot, allowing the DoorDash platform to offer on-demand delivery of products from the largest home improvement shop in the world. Essentials for home improvement can be delivered in as little as an hour to both work sites and homes due to the collaboration.