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Topic - Doordash Inc.

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In this Feb. 27, 2020, file photo, the DoorDash app is shown on a smartphone in New York. (AP Photo, File)

DoorDash cuts 1,250 jobs after pandemic hiring surge

By Michelle Chapman - Associated Press

FILE - The DoorDash app is shown on a smartphone on Thursday, Feb. 27, 2020 in New York. 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 company filed papers signaling its intent for initial public offering Friday, Nov. 13. (AP Photo)

DoorDash looking for a valuation of nearly $30B

Associated Press

The DoorDash app is shown on a smartphone on Thursday, Feb. 27, 2020 in New York. The food delivery giant has taken a first formal step toward a stock market debut. The company announced Thursday that is has confidentially filed a draft S-1 form with the Securities Exchange Commission related to a public stock offering. (AP Photo)

Delivery giant DoorDash takes step toward public offering

By ALEXANDRA OLSON - Associated Press