DoorDash aims to raise $3.14 billion in much-awaited IPO

DoorDash delivery person

Source: DoorDash

Food delivery startup DoorDash said on Friday it now expects to raise up to $3.14 billion in its U.S. initial public offering.

DoorDash, the biggest U.S. third-party delivery company for restaurants, plans to sell 33 million shares priced between $90 and $95 apiece, it said in a regulatory filing. It had earlier targeted a price range of between $75 and $85 per share.