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DoorDash targets valuation of nearly $30 billion in IPO – Source CNET Tech


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DoorDash on Monday revealed more details about its upcoming initial public offering in a new filing with the US Securities and Exchange Commission. The food delivery service is seeking to raise up to $2.8 billion in its IPO, which could give it a valuation of nearly $30 billion. DoorDash plans to list 33 million shares at a price between $75 and $85 apiece. 

The past few months have been booming for DoorDash, as the coronavirus pandemic has caused people around the world to shelter in place and stay indoors. The company has gained millions of customers who avoid going to restaurants and…

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Source CNET Tech

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