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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MANY SCIENTISTS BACK BIDEN'S MOVE TO TAP OIL RESERVE
Democrats and climate activists generally supported President Joe Biden’s decision to release a record 50 million barrels of oil from America’s strategic reserve, even as the move appeared to contradict his long-term vision of combating climate change.
APPLE SUING ISRAELI HACKER-FOR-HIRE COMPANY NSO GROUP
Apple announced it is suing Israel’s NSO Group, seeking to block the world’s most infamous hacker-for-hire company from breaking into Apple’s products, like the iPhone.
3 TIMES YOU NEED MONEY ADVICE FROM A HUMAN
You can now manage most aspects of your money without ever consulting another human being. You can budget, borrow, save, invest, buy insurance, prepare your tax return and create a will — among many other tasks — by using apps, websites and software.
DISNEY'S ANIMATED ‘ENCANTO' EFFORTLESSLY ENCHANTS
Mirabel is extraordinary, in that when it comes to her family, she is totally normal.
DOORDASH'S TECHNOLOGICAL KNOW-HOW OFFERS HELP TO FOOD BANKS
Susan Goodell needed help. In the early days of the COVID-19 pandemic, Goodell, CEO of the El Pasoans Fighting Hunger Food Bank, would look out the window at the long line of clients picking up the food available that day, while she and others answered calls from others who couldn’t travel to a distribution point.
EL SALVADOR TO BUILD CRYPTO-FUELED ‘BITCOIN CITY'
In a rock concert-like atmosphere, El Salvador President Nayib Bukele announced that his government will build an oceanside “Bitcoin City” at the base of a volcano.
Do It Yourself
Apple opens a new era for device repairs
SAMSUNG EXPECTED TO BUILD $17B CHIP FACTORY IN TEXAS
Samsung is planning to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices.
NYC AIMS TO BE FIRST TO REIN IN AI HIRING TOOLS
Job candidates rarely know when hidden artificial intelligence tools are rejecting their resumes or analyzing their video interviews. But New York City residents could soon get more say over the computers making behind-the-scenes decisions about their careers.
TOO MANY OLD GHOSTS MAR ‘GHOSTBUSTERS: AFTERLIFE'
“Ghostbusters: Afterlife” — the direct cinematic follow-up to 1984 classic — is haunted, of course. But not in a good way.
DoorDash, Grubhub, Uber Eats Sue NYC Over Pandemic Fee Caps
Three of the nation’s largest food delivery companies are suing New York City over a limit on fees it put in place during the pandemic to protect restaurants devastated by the forced closure of their dining rooms.
Geared Up Los Deliveristas
After work conditions deteriorated, New York’s immigrant bicycle couriers united to bring a revolution to the gig economy.
RESTAURANTS, DELIVERY APPS STILL AT ODDS AS DEMAND GROWS
Diners got used to delivery during the pandemic, and the habit may stick long after dining rooms reopen.
Gaming the Gig Economy
A group of DoorDash workers are trying to set a minimum rate for deliveries
How to Survive A Bubble
No one can be sure if markets are too high—but your emotions probably are
Never Mind the IPOs—Rent's Falling
Money is washing through the tech sector, but some of its workers have left San Francisco
A Meal Delivery Startup With A Shot At Profits
DoorDash was left for dead until its strategy of wooing restaurateurs started to pay off.
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[TAP INTO THE SHARING ECONOMY AND WAYS TO SUPPLEMENT YOUR INCOME]
Regulating The Gig Economy
Drivers working with cab aggregators and delivery companies will be considered full-time employees in California from January 2020; what’s next?