SoftBank Vision Fund is the largest investor in the food delivery service, which has priced an upsized initial public offering roughly doubling its valuation six months ago.

DoorDash, the US-based food delivery service that counts telecommunications and internet group SoftBank as an investor, is going public today in a $3.37bn initial public offering.

The company will float on the New York Stock Exchange having priced 33 million class A shares at $102 each, above a $90 to $95 range already upgraded from $75 to $85 last week. The IPO price values it well above $30bn.

Founded in 2013, DoorDash runs an app-based service with a presence in…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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