Doordash, Inc. · NASDAQ:DASH
Doordash — Merger or Acquisition (November 2021)
14 slides from Doordash's merger presentation, November 2021
Slide 1: November 2021
ibdroot\projects\IBD-NY\divinities2021\682298_1\03. Presentations\2021.10.XX Investor Presentation\Rider\Warsaw Cover.pptx November 2021 1
Slide 2: Forward Looking Statements Disclaimer
Forward Looking Statements Disclaimer This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events,
Slide 3: Additional Information
Additional Information No offer or solicitation: This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration
Slide 4: Wolt at a Glance
at a Glance $2.5B+ 130%+ Annual Run-Rate Q3 2021 YoY 23 4K+ GOV Countries Employees GOV Growth (Q3 2021) 2.5M+ 30%+ 3x+ 15+ Monthly Active M12 Customer Avg. Monthly Order Categories Users Retention Frequency Source: Wolt. Company metrics as of September 30, 2021 unless stated otherwise 4
Slide 5: Building a Global Leader in Local Commerce
Building a Global Leader in Local Commerce 1 World-class operators with a shared vision and common culture Product and execution focus drives superb 2 retention and unit economics Large local commerce opportunity with strong 3 growth potential 5 5
Slide 6: A Common Vision and Common Culture
To grow and A Common empower local economies Vision and Common Culture To make our cities better places to live 6
Slide 7: World Class Operators with Proven Ability to Scale
World Class Operators with Proven Ability to Scale Launched Cyprus, Malta, Japan, and Germany Launched Serbia, Miki Kuusi Riku Mäkelä 23 Greece, Azerbaijan, CEO & Co-Founder COO Slovakia, Slovenia, Countries Launched Croatia, and Kazakhstan Czech Republic, Norway, Hungary, Georgia, Israel, and Polan
Slide 8: Built for International Expansion
Built for International Expansion Wolt Started in Finland, One of App Store Exceptional the Most Difficult Markets for Editors’ Choice App Design Last-Mile Local Logistics… Award Customer Satisfaction vs. Peers 7.7 7.1 Case Study: Israel …And Built a Model Focused on Doing Common Things Launched Uncom
Slide 9: Consumer Obsession Drives Superb Retention
Consumer Obsession Drives Superb Retention Wolt Consumer Retention by Monthly Cohort Since 2018 Consumer experience (selection, quality, and affordability) drives strong retention Strong retention generates excellent LTV Source: Wolt Note: Based on weighted average customer retention of monthly cohor
Slide 10: Obsessive Focus On Logistics Efficiency
Obsessive Focus On Logistics Efficiency Average Delivery Time, Rolling 4-Week Average (minutes) Ability to drive network efficiency in low density cities has driven average delivery times down Deliveries Per Hour, Rolling 4-Week Average (Including Idle Time) Deliveries per hour has steadily increased wh
Slide 11: Demonstrated Ability To Drive Strong Unit Economics
Demonstrated Ability To Drive Strong Unit Economics Q3 2021 Contribution Profit as % of GOV2 65% of Wolt GOV generates positive Total Contribution Profit as % of GOV in Contribution Profit1 Positive Contribution Profit Countries 100%+ YoY GOV growth in Wolt’s positive Contribution Profit US Restaurant Wo
Slide 12: Delivering Local Commerce
Delivering Local Commerce Restaurant Grocery And More … 12
Slide 13: Large Local Commerce Opportunity
Large Local Commerce Opportunity Combined company would operate in markets with over 700 million people 2021E Food & Grocery Market 2021E Total Retail Market % Online Penetration Source: Euromonitor Passport, Edge Note: Foodservice data estimates not available in Azerbaijan, Malta, Croatia, Estonia,
Slide 14: Transaction Overview
Transaction Overview ■ Approximately €7.0B (US$8.1B)1 consideration, subject to customary purchase price adjustments ■ All stock transaction Transaction ■ DoorDash equity issued as part of the transaction will be valued at approximately $206.45 per share, Summary based on DoorDash’s 30-day VWAP as o