#DoorDash shares nearly double in stock market debut

#DoorDash shares nearly double in stock market debut

“#DoorDash shares nearly double in stock market debut” DoorDash’s stock price nearly doubled in its first day of trading Wednesday as the food-delivery giant cashed in on a red-hot market for tech offerings. The San Francisco-based startup’s shares opened on the New York Stock Exchange at $182 a pop and climbed as high as $195.50…

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#DoorDash prices IPO at 2 a share ahead of market debut

#DoorDash prices IPO at $102 a share ahead of market debut

“#DoorDash prices IPO at $102 a share ahead of market debut” DoorDash said it has sold stock for $102 a share in its initial public offering, doubling the food-delivery giant’s valuation ahead of its Wednesday market debut. The San Francisco-based startup is set to raise about $3.4 billion from the highly anticipated IPO, which will…

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#Travis Kalanick’s CloudKitchens has spent 0M on real estate

#Travis Kalanick’s CloudKitchens has spent $130M on real estate

“#Travis Kalanick’s CloudKitchens has spent $130M on real estate” Uber founder Travis Kalanick’s food delivery startup has spent more than $130 million on real estate as it looks to build out a network of “ghost kitchens,” a new report says. Entities linked to CloudKitchens — which rents food-prep spaces to delivery-only restaurants — have snapped…

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