Retail News

DoorDash looks to raise $2.8B with IPO

Bloomberg 11/30/2020

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.

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