DoorDash IPO filing shows growth surge in pandemic

Washington (AFP) Nov 13, 2020

DoorDash is on track to take in some $2 billion in revenue this year on growing demand during the pandemic, the food delivery startup said in its public share offering filing Friday. The California-based startup reported losses totaling $433 million in the first nine months of 2020 on revenues of $1.9 billion as sales more than tripled from the prior year. DoorDash was able to generate a