Food delivery firm Doordash valued at $39bn in initial trading in New York
by Dominic Rushe from Technology | The Guardian on (#5BED6)
- Company's value has soared during coronavirus pandemic
- Profitless business predicts more losses to come in IPO filing
The food delivery company DoorDash started trading on the New York stock exchange on Wednesday at a price that will value the largely profitless business at over $39bn.
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