Salvage the most up-to-date market trends to your inbox
Cease on top of the most up-to-date market trends and economic insights with the Axios Markets e-newsletter. Register for free.
Decide up on coronavirus tales and particular experiences, curated by Mike Allen on a fashioned foundation
Decide up on coronavirus tales and particular experiences, curated by Mike Allen on a fashioned foundation
Denver news to your inbox
Decide up on the supreme tales affecting your set of foundation with Axios Denver
Des Moines news to your inbox
Decide up on the supreme tales affecting your set of foundation with Axios Des Moines
Minneapolis-St. Paul news to your inbox
Decide up on the supreme tales affecting your set of foundation with Axios Minneapolis-St. Paul
Tampa-St. Petersburg news to your inbox
Decide up on the supreme tales affecting your set of foundation with Axios Tampa-St. Petersburg
Illustration: Eniola Odetunde/Axios
Restaurant meal shipping firm DoorDash on Tuesday night raised $ 3.4 billion in its initial public offering, and also can originate up shopping and selling Wednesday on the New York Inventory Change under ticker image DASH. CNBC earlier reported the news.
By the numbers: DoorDash priced at $102 per part, versus its upwardly revised vary of $90-$95 per part, giving it a fully diluted valuation of around $39 billion. Its final non-public market valuation used to be $16 billion, secured over the summer season.
Flow deeper: DoorDash CEO on the workers vs. contractors debate
Editor’s reward: The legend has been updated with DoorDash’s affirmation.