Delivery Startup DoorDash to Seek Up to $2.8 Billion in IPO
- DoorDash is valued at about $32 billion based on filing
- Company joins IPO rush of Airbnb, Wish, Roblox and Affirm
This article is for subscribers only.
DoorDash Inc., the biggest U.S. food delivery company, is seeking to raise as much as $2.8 billion in an initial public offering that’s part of an end-of-year U.S. listings rush.
The San Francisco-based company said in a filing Monday that it plans to sell 33 million shares for $75 to $85 each. At the top end of this range, the company could be valued at about $32 billion, taking into account the outstanding shares listed in its filing, as well as employee stock options and restricted stock units.