SoftBank-backed food delivery startup DoorDash files for IPO

SoftBank-backed food delivery startup DoorDash files for IPO

Photo: Pixabay

SoftBankbacked food delivery startup DoorDash said on Thursday it had confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission.

DoorDash competes with Uber Technologies Inc’s Uber Eats, GrubHub Inc and Postmates Inc and is currently valued at nearly $13 billion based on its last funding round in 2019 and also according to startup data platform PitchBook.

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