DoorDash reportedly valued at $39 billion in IPO
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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.