YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

DoorDash IPO values company at $60B

Posted online

DoorDash's initial public offering on Wednesday gave the ride-hailing company a $60.2 billion market valuation.

The company priced its shares at $102 apiece. However, the stock began trading at $182 per share.

During the first nine months of the year, the company's revenue was up to $1.9 billion from $587 million during the same time period in 2019.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Opinion: The transformation of business  

Guest columnist Donnie Brawner says many entrepreneurs stray from their original business ventures, which is often a recipe for success.

Most Read
Update cookies preferences