DoorDash is the dominant food delivery platform in the United States, capturing approximately 67% of market share. Founded by Stanford students, DoorDash grew by focusing on suburban markets and restaurant partnerships, competing with Uber Eats and Grubhub. It went public in December 2020 at a $39B valuation. DoorDash has expanded into grocery, alcohol, convenience, and international markets, and developed DoorDash for Work and DashPass subscription products.
IPO details
IPO date
Wed Dec 09
IPO price
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First-day close
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IPO valuation
$49B
Market-data summary
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Data last checked Sat Oct 10. Optional market data is not yet available where shown as —.