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Just days after Postmates filed confidential documents for an initial public offering, the competitor DoorDash is raising $ 500 million, the Wall Street Journal says. The cycle would have brought DoorDash more than $ 6 billion or $ 7 billion.
According to the WSJ, Temasek Holdings Pte., Singapore's state-owned investment company, is expected to lead the way.
Last year, DoorDash raised a $ 250 million fundraiser that raised the company to $ 4 billion. In total, DoorDash has raised nearly $ 1 billion in financing from investors such as SoftBank, Sequoia, Global DST, Kleiner Perkins and others.
Earlier this year, the start of food distribution became the first to operate in the 50 states. At the same time, as in Instacart, DoorDash would also have subsidized worker compensation with client advice, but DoorDash still had not responded to TechCrunch regarding this practice.
I have contacted DoorDash and I will update this story if I have new acquaintance
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