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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Etika memorial becomes a Pokéstop in Pokémon Go - Business InsiderPokémon Go paid a touching tribute to YouTuber Etika, whose New York memorial is now a Pokéstop
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon debuts its Amazon Go Grocery store in Seattle - Business InsiderAmazon opened a grocery store that uses Go technology, bringing autonomous checkout to a new format and a much larger location that ever before.
Source: BusinessInsider - 🏆 729. / 51 Read more »