DoorDash Inc. has raised $250 million in a new round of funding co-led by Coatue Management and DST Global, valuing the company at $4 billion, reports Reuters. Investors include Japanese holding conglomerate SoftBank, Sequoia Capital, and Charles River Ventures.
DoorDash has partnered with several restaurants such as Wendy's, Jack In The Box, and Buffalo Wild Wings, while also expanding into online grocery delivery with Walmart. The meal delivery company is on pace to reach 2,000 cities in 2018, according to the report. Full Story
Related: DoorDash Debuts New Services; DoorDash Settles Class-Action Lawsuit.
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DoorDash Raises Additional Funds
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August 17, 2018
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