DoorDash aims for up to $27 billion valuation in IPO - Business Insider

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DoorDash aims for up to $27 billion valuation in IPO, setting the stage for one of the most high-profile stock-market debuts of the year

A delivery person for Doordash rides his bike in the rain during the coronavirus disease pandemic in the Manhattan borough of New York City, New York, U.S., November 13, 2020.DoorDash is seeking to raise up to $2.8 billion at a valuation of $27 billion in its initial public offering.Visit Business Insider's homepage for more stories - Food-delivery startup DoorDash is aiming to raise up to $2.

DoorDash and rivals Uber Eats, GrubHub Inc and Postmates Inc have benefited from a surge in demand for food delivery services due to widespread COVID-19 lockdowns.

 

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That’s insane. Hard pass

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