DoorDash just confidentially filed IPO paperwork as it prepares to go public - Business Insider

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BREAKING: DoorDash just confidentially filed IPO paperwork as it prepares to go public

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.DoorDash is preparing for a public offering and has confidentially filed IPO paperwork with the SEC, the company announced Thursday.

The food-delivery startup has made a series of high-profile acquisitions in the past year, including Scotty Labs and Caviar. Doordash was valued at $13 billion in a November 2019 funding round and has raised over $2 billion to date.DoorDash announced Thursday that it is preparing a public offering and has filed confidential documents with the SEC as a first step.

The food-delivery startup is valued at $13 billion as of November, and has raised more than $2 billion, according to PitchBook. It's one of many high-profile startups backed by SoftBank's Vision Fund, which also backs rival delivery service Uber. The two companies were exploring a merger last year, according to theThe confidential filing is a first step toward an IPO. The number of shares to be offered and their price have yet to be determined.

 

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They are the worst. Had terrible experiences trying to get food with them.

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