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DoorDash Raises Valuation to Nearly $4 Billion

The food delivery startup pulled in $250 million in the latest round of funding

By Madeline LenaStaff Writer
4:16PM • 08/17/18

DoorDash, a food delivery startup in extreme growth mode, announced it has netted $250 million in a new round of funding led by Coatue Management and DST Global, bringing the company’s valuation to nearly $4 billion, according to a TechCrunch article. The news comes just five months after the San Francisco-based company raised $535 million from Japanese company SoftBank Group Corp. DoorDash is making waves in the restaurant industry thanks to its recent partnerships with Wendy’s, IHOP and Boston Market.

Read the full story here.

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