No more free lunch: Food-delivery services feeling pressure to finally turn a profit

Jan 16, 2020 - Fortune
Mergers and Acquisitions

On-demand food delivery services are being pressured these days to do more than drop off burgers and fries. They must prove they can actually make money—a relatively new requirement for the industry that, for years, has lived large off of investors. 

DoorDash, Uber Eats, Postmates, and Grubhub rapidly expanded as customers gobbled up the opportunity to have meals delivered to their homes for a nominal, and sometimes nonexistent, fee. But as the companies mature and venture capitalists t...