DoorDash files IPO paperwork
November 16, 2020
DoorDash has seen demand for its delivery service boom with the spread of the novel coronavirus pandemic. The company’s share of the meal delivery market grew to 49 percent in December, according to Second Measure. Despite exponential growth in orders, DoorDash reported a loss of $149 million in the latest quarter, an improvement from $533 million in losses last year.
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