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  • get set for another blockbuster AIPO this year.

  • Door Dash unveiled the details of its initial public offering filing Friday with some appetizing numbers for investors.

  • The food delivery startup produced a profit for the first time in its history.

  • In the second quarter, some $23 million and its revenue for the first nine months of the year more than tripled to just under two billion.

  • It's set toe list on the New York Stock Exchange before the end of the year.

  • Demand for Door DASH is food Delivery services has mushroomed as a health crisis continues to keep people at home.

  • It has grown into the U.

  • S s largest third party delivery company for restaurants.

  • Backed by Softbank.

  • Door Dash boasts $1.6 billion in cash and a $300 million credit facility that's set to rise to 400 million after its I P o.

  • The company was privately valued at about $16 billion back in June.

  • It's moved to go public comes right after California voters back to ballot proposal by uber and its allies that cemented the status of APP based food delivery and ride hail drivers as independent contractors, not employees.

  • It's filing comes in a busy year for Big I pose home rental giant Airbnb e commerce firm Wish and lending startup Affirm are lined up to go public in December.

get set for another blockbuster AIPO this year.

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B1 door dash food delivery dash delivery filing startup

DoorDash IPO filing shows surging revenue growth

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    林宜悉 posted on 2020/11/14
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