Bulletins

DoorDash filed its IPO prospectus

DoorDash's newly released S-1 filing reveals that the company lost $149 million in the first nine months of this year, on $1.9 billion in revenue. Those numbers are significantly better than last year's figures: In all of 2019, it lost $668 million on $885 million in revenue.

DoorDash first confidentially filed for an IPO back in February, but paused its listing amid the pandemic. Having now made its documents public, it's likely to list before the end of the year. It was most recently valued at almost $16 billion when it raised $400 million in June.

Shakeel Hashim

Shakeel Hashim ( @shakeelhashim) is a former growth manager at Protocol, based in London. He was previously an analyst at Finimize covering business and economics, and a digital journalist at News UK. His writing has appeared in The Economist and its book, Uncommon Knowledge.

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Bulletins