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Delivery giant DoorDash plans IPO

Delivery giant DoorDash plans IPO

Technology
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 pandemicBy CATHY BUSSEWITZ and TOM KRISHER AP Business WritersNovember 14, 2020, 3:41 PM• 4 min readShare to FacebookShare to TwitterEmail this articleNEW YORK -- 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 event...