Sell DASH by Dec 17, 2026.

I noticed that DoorDash trades at around **5.2x EV/Sales**, which seems incredibly high to me. Swiggy in India is at roughly **2.5x**, while Meituan in China is only around **0.83x**. As a Chinese investor, I find this hard to understand because, based on my experience with the Chinese market, **food delivery looks like a terrible business**. China's food-delivery market has been around for more than a decade. By 2024, Meituan had about 65% market share and appeared to have a …