SoftBank-backed DoorDash's IPO filing reveals revenue surge, quarterly profit

SoftBank-backed DoorDash's IPO filing reveals revenue surge, quarterly profit

Visual from DoorDash website

DoorDash Inc, the US food delivery startup backed by SoftBank Group Corp, made public on Friday its regulatory filing for a listing on the New York Stock Exchange, setting the stage for a blockbuster IPO before the end of the year.

The move to go public by DoorDash, which competes with Uber Eats, GrubHub Inc and Postmates Inc, follows a surge in demand for food delivery services during the COVID-19 lockdowns earlier this year.

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