DoorDash Reportedly Eyeing IPO Before End of 2020

DoorDash is ramping up the finishing touches to its business plan, and is looking to go public by the end of this year. The food delivery service previously announced its plans to file for an IPO back in February ,but that was halted due to the rise of the coronavirus pandemic. According to Bloomberg, the company is still moving full steam ahead with its public entrance into the market. It recently raised $400 million from investors back in June, valuing the company at $16 billion. This news comes as DoorDash has seen a boost in the food delivery market due to more people ordering out during the pandemic. Kamran ansari, venture partner at Greycroft, breaks down DoorDash's strategy and why we have seen a flurry of activity on the IPO front.
close
We use cookies and similar technologies on this site to collect identifiers, such as IP address, and cookie and device IDs as described in our Privacy Policy.