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  5. PAY: Can you comment on the recent announcement with DoorDash? [Payfare Inc. Class A Common Shares]
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Q: Can you comment on the recent announcement with DoorDash? Any reason(s) that you are aware of? Your thoughts going forward - is there hope or should one sell and walk away?
Asked by Theodore on September 27, 2024
5i Research Answer:

It does not look like any sepcific reason is being disclosed at this time for why Doordash is not renewing. A lot of the damage is likely done at this point in terms of share reaction, so we might just let the dust settle over the weekend at this stage. The company has cash on the balance sheet and notes they are working on other contracts as well, but of course whether these come to fruition remains to be seen.