DoorDash Inc vs Remitly Global Inc — how do they compare? DoorDash Inc trades at $188.96 (market cap $82.60B), while Remitly Global Inc trades at $23.24 (market cap $4.98B). The key difference: DoorDash Inc is far larger — about 16.6× Remitly Global Inc's market cap, and Remitly Global Inc is trading nearer its 52-week high, DoorDash Inc nearer its low. Which is the better fit depends on your goals.
| DASH | RELY | |
|---|---|---|
Market Cap | $82.60B | $4.98B |
Sector | Consumer Cyclical | Technology |
52-Week High | $281.74 | $24.28 |
52-Week Low | $146.60 | $12.20 |
Enterprise Value | $80.35B | $4.37B |
Trailing returns across standard periods
Latest headlines on both assets
Founded in 2013 and headquartered in San Francisco, DoorDash is an online food order demand aggregator. Consumers can use its app to order food on-demand for pickup or delivery from merchants mainly in the U.S. The firm provides a marketplace for the merchants to create a presence online, market their offerings, and meet demand by making the offerings available for pickup or delivery. The firm provides similar service to businesses in addition to restaurants, such as grocery, retail, pet supplies, and flowers. At the end of 2020, DoorDash had over 450,000 merchants, 20 million consumers, and over 1 million dashers on its platform. In 2020, the firm generated $24.7 billion in gross order volume (up 207% year over year) and $2.9 billion in revenue (up 226%).
Read more on DASH →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Read more on RELY →