The long term trend is that (primarily take-out) restaurants will decline and be replaced by ghost kitchens. The unit economics of ghost kitchens is much better than paying rent for prime real estate. You can run a ghost kitchen from a warehouse. This trend was already underway before covid [1] (see also Travis Kalanick's investments in this space) but has been 10x accelerated due to covid. Many people are saying that Doordash's revenues will decline post covid, but are neglecting the fact that many restaurants struggle to stay alive. Prime opportunity for Doordash to step in and solve the supply side with ghost kitchens. Restaurant brands will go virtual. And who is going to be the "app store" of the virtual brands? Doordash.
The long term trend is that (primarily take-out) restaurants will decline and be replaced by ghost kitchens. The unit economics of ghost kitchens is much better than paying rent for prime real estate. You can run a ghost kitchen from a warehouse. This trend was already underway before covid [1] (see also Travis Kalanick's investments in this space) but has been 10x accelerated due to covid. Many people are saying that Doordash's revenues will decline post covid, but are neglecting the fact that many restaurants struggle to stay alive. Prime opportunity for Doordash to step in and solve the supply side with ghost kitchens. Restaurant brands will go virtual. And who is going to be the "app store" of the virtual brands? Doordash.
[1] https://www.qsrmagazine.com/ordering/doordash-gets-ghost-kit...