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Delivery giant DoorDash plans IPO - Black News Channel

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By CATHY BUSSEWITZ and TOM KRISHER AP Business Writers NEW YORK (AP) — Delivery giant DoorDash Inc. is planning to sell its stock to the public, capitalizing on the growing trend of consumers embracing app-based deliveries as much of the world stays home during the pandemic. The San Francisco-based company filed papers signaling its intent for initial public offering Friday. 'Technology has changed consumer behavior and driven a wave of demand for convenience,' the company said in its prospectus. 'Recent events have further accelerated these trends, pulling the future of e-commerce forward for businesses large and small.' Its revenues reflect […]

The post Delivery giant DoorDash plans IPO appeared first on Black News Channel.

Source: Black News Channel - Black News Channel
This Black Fact was brought to you by Christo Rey New York High School

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