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Food delivery firm Doordash valued at $39bn in initial trading in New York

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December 09, 2020 at 04:56PM

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  • Company’s value has soared during coronavirus pandemic
  • Profitless business predicts more losses to come in IPO filing

The food delivery company DoorDash started trading on the New York stock exchange on Wednesday at a price that will value the largely profitless business at over $39bn.

Related: Restaurant owners may not like delivery services – but can they do without them? | Gene Marks

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Food delivery firm Doordash valued at $39bn in initial trading in New York …

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