Food delivery service DoorDash on Friday filed paperwork with the US Securities and Exchange Commission for an initial public offering. The S-1 filing, more than 200 pages long, shows that the company reported $1.9 billion in revenue for the nine months that ended Sept. 30, up from $587 million during the same period last year.
DoorDash said in the filing it has more than 18 million customers, more than 390,000 merchants on its platform and more than 1 million delivery workers, known as Dashers. The company also said it had more than 5 million DashPass members, who pay $9.99 a month for unlimited…
Source CNET Tech