DoorDash, Inc.

DoorDash, Inc. (DASH) priced its initial public offering on Dec 9, 2020 at $102.00 per share, raising $3.37B, and listed on NYSE. At the IPO price its market capitalization was about $32.4B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, Barclays and Deutsche Bank and others. Wilson Sonsini advised the company and Goodwin Procter advised the underwriters.

DoorDash, Inc. runs a local delivery logistics platform that works with merchants and its Dashers, and states that it holds 50% of the U.S. food delivery logistics category. It also offers merchant services to help local businesses compete.

Status

IPO

Ticker

DASH

Exchange

NYSE

Priced

Dec 9, 2020

IPO price

$102.00

Raised

$3.37B

Market cap at IPO price

$32.4B

First filed

Nov 13, 2020

Underwriters

Goldman Sachs, J.P. Morgan, Barclays, Deutsche Bank, RBC Capital Markets, UBS, Mizuho, Citizens JMP, Needham, Oppenheimer, Piper Sandler and William Blair

Company counsel

Wilson Sonsini

Underwriters' counsel

Goodwin Procter

Sector

Business services

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.