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DoorDash Priced, NYSE: DASH

North America's largest online restaurant delivery service.

Industry: Technology

First Day Return: +85.8%

Industry: Technology

We founded DoorDash to be a merchant-first business. We enable local brick-and-mortar businesses to thrive in an increasingly convenience-driven economy with rapidly evolving consumer expectations. We do this primarily through the DoorDash Marketplace, or our Marketplace, which offers a broad array of services that enable merchants to solve mission-critical challenges such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support. DoorDash helps merchants drive significant incremental sales and leverage the fixed cost investments that they have already made. Our Marketplace enables merchants to establish an online presence and expand their reach. It generates significant demand for merchants by connecting them with millions of consumers. Merchants can fulfill this demand through delivery, facilitated by our local logistics platform, or in-person pickup by consumers. Through our Marketplace, merchants can also initiate and run promotions to drive incremental sales and attract new consumers. Today, we connect over 390,000 merchants, over 18 million consumers, and over 1 million Dashers in the United States, Canada, and Australia through our local logistics platform.
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IPO Data
IPO File Date 11/13/2020
Offer Price $102.00
Price Range $90.00 - $95.00
Offer Shares (mm) 33.0
Deal Size ($mm) $3,366
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/08/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $3,366
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters San Francisco, CA, United States
Founded 2013
Employees at IPO 3,279
Website www.doordash.com

DoorDash (DASH) Performance