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DoorDash In Talks To Go Public

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On Friday morning DoorDash released its filing to go public. In the filing DoorDash said in the filing that, in the first nine months of 2020, it generated revenue of $1.9 billion. That's compared to $587 million the year before. CEO Tony Xu said DoorDash is all about helping brick and mortar businesses succeed. "Helping brick-and-mortar businesses compete, succeed, and flourish in these rapidly changing times is the core problem we are trying to solve." Business Insider reports that DoorDash filed a form S-1 for IPO with the Securities and Exchange Commission on Friday.

Added on the 13/11/2020 11:44:24 - Copyright : Wochit

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