I wouldn't assume that. Fedex has many constraints on its business, and shares almost no core competencies with DoorDash or Uber. Its fleet consists not of nimble passenger cars, but of large, fuel guzzling trucks - making one-to-one pickups and deliveries inefficient and unprofitable. It also has no expertise in the area of recruiting independent contractors to perform work for it, which is one of the core competencies of both DoorDash and Uber.

I wouldn't turn to DoorDash to deliver live lobsters to me from Maine overnight, and I wouldn't turn to Fedex to get me food from down the street. Those are very different businesses requiring very different infrastructures. Therein lies the problem for DoorDash: they are not that different from Uber. They have similar core competencies, but Uber is vastly better known and financed.