DoorDash Boosts Expected Valuation Range Ahead of IPO

Evan Niu, CFA, The Motley Fool
·3-min read
DoorDash Boosts Expected Valuation Range Ahead of IPO

Food delivery giant DoorDash continues its march to a public debut after filing its initial S-1 Registration Statement with the SEC last month. DoorDash expects to have approximately 317.7 million total shares outstanding across all three classes after the offering, translating into a market valuation of $28.6 billion to $30.2 billion. Here's what prospective DoorDash investors need to know.