DoorDash looks to raise $2.8B with IPO
November 30, 2020
DoorDash, the largest food delivery service provider in the U.S., is looking to raise as much as $2.8 billion with its planned initial public offering. The company is looking at a price range of $75 to $85 per share. Private investors valued DoorDash at $16 billion earlier this year. If the IPO goes according to plan, the company could be valued at up to twice that.
Recent News
McDonald’s Promises Bigger Burgers Amidst Mixed Q1 Results
McDonald’s has been making changes to its menu options since the beginning of the quarter.
Bulk Organic Walnuts Sold at Whole Foods Recalled Due to E. Coli Outbreak
The walnuts, sold in several states across Whole Foods and other markets, have sickened 12 people so far.
Amazon and Starbucks Share How Cautious Customers Are With Their Spending
Amazon and Starbucks executives believe U.S. consumers are becoming increasingly frugal with their spending.
Screenshots Imply TikTok Is Avoiding Apple App Store Fees
According to new evidence, TikTok might be finding ways to bypass Apple App Store fees.