DoorDash looking for a valuation of nearly $30B
https://apnews.com/206dbd3bb66dbb3244faf7c465802935
NEW YORK (AP) — DoorDash is looking for a valuation of nearly $30 billion when it takes itself public, reflecting how integral food delivery has become in millions of people's lives during the pandemic.
The company is planning to raise up to approximately $2.8 billion from an initial public offering of 33 million shares. The offering is expected to be priced between $75 and $85 per share, according to a regulatory filing Monday.