SAN FRANCISCO, Nov. 30, 2020 — DoorDash announced that it has launched the roadshow for the initial public offering of its Class A common stock. DoorDash is offering 33,000,000 shares of its Class A common stock. The initial public offering price is expected to be between $75 and $85 per share.
The shares are expected to trade on the New York Stock Exchange under the symbol “DASH.”
DoorDash is a technology company that connects customers with their favorite local and national businesses in more than 4,000 cities and all 50 states across the United States, Canada, and Australia.
Founded in 2013, DoorDash empowers merchants to grow their businesses by offering on-demand delivery, data-driven insights, and better in-store efficiency, providing delightful experiences from door to door. By building the last-mile delivery infrastructure for local cities, DoorDash is bringing communities closer, one doorstep at a time.