DOORDASH LOOKING FOR A VALUATION OF NEARLY $30B
AppleMagazine|AppleMagazine #475
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 this week.

DoorDash has experienced explosive growth this year.

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