DoorDash aims to expand overseas, while delivery rivals struggle [Video]

DoorDash Inc., already the top restaurant delivery company in the U.S., is now looking to strengthen its presence abroad.

The San Francisco-based company operates in 28 countries outside the U.S., mostly in continental Europe, Japan and Australia. Yet it doesn’t dominate any of those markets the way it does in the U.S., Chief Executive Officer Tony Xu said in an interview.

“We’re not very well penetrated in any one of those countries,” Xu said. “The growth is there, and our unit economics are improving, but we have a long way to go when it comes to matching the penetration levels of our US marketplace.”

The bulk of DoorDash’s overseas markets are in more sparsely populated European countries like Sweden, Estonia, Denmark and Iceland, which it entered through its purchase of Finnish food-delivery company Wolt Enterprises two years ago.

While there has been speculation that DoorDash could be interested in acquiring …