- DoorDash on Friday released its filing to go public.
- The delivery company said in the filing that in the first nine months of this year it generated a $149 million loss on revenue of $1.9 billion, compared with a $667 million loss on $587 million in revenue the year before.
- “Helping brick-and-mortar businesses compete, succeed, and flourish in these rapidly changing times is the core problem we are trying to solve,” CEO Tony Xu wrote in a letter.
- Visit Business Insider’s homepage for more stories.
DoorDash is going public.
The San Francisco-based delivery company on Friday filed a Form S-1 for an initial public offering with the Securities and Exchange Commission. DoorDash will trade under the symbol DASH.
DoorDash said in the filing that it saw an explosion of business in 2020 and shrinking losses during the pandemic. In the first nine months of this year, it generated a $149