US-IT-LIFESTYLE-FOOD-DOORDASH
An AFP journalist checks the DoorDash food delivery application on her smartphone on February 27, 2020 in Washington, DC. DoorDash on February 27, 2020 began the process of going public with a US stock offering that could value the popular restaurant meal delivery service at more than $10 billion.
San Francisco-based DoorDash said it confidentially registered with market regulators at the Securities and Exchange Commission for an initial public offering of shares.
The price and number of shares had yet to be determined. DoorDash backers including Japanese financial titan Softbank have pumped more than $2 billion into the startup, which last year was given a valuation of nearly $13 billion. (Photo by Eric BARADAT / AFP) (Photo by ERIC BARADAT/AFP via Getty Images)
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1203684608
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