Saturday, November 13, 2021

DoorDash Stock

DoorDash agreed to buy Wolt a Finland-based restaurant delivery company that operates in 23 European countries for 7 billion more than 8 billion in stock. DoorDash stock NYSE.


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DoorDash stock surges toward a record after BofA analyst raises target to a Street high 255 Published.

DoorDash stock. Recent deals include Just Eat Takeaway going stateside via the purchase of GrubHub and Gopuff entering the UK. DoorDash separately reported third-quarter revenue that surpassed expectations but a wider loss than anticipated by analysts. It reflects how the local food and convenience delivery wars will be globalized via acquisition.

Regulatory filing on Friday that it still held 336 million shares of DoorDash after having sold 10 million shares at 202815 each on Wednesday. DoorDash reports Q3 revenue of 128B up 45 YoY and says it will acquire European food delivery company Wolt in an all-stock 8B deal Deal to acquire Wolt comes amid a wave of consolidation in the competitive food-delivery segment DoorDash Inc. Said it has agreed.

SoftBank Groups Vision Fund said in a US. DASH has gained almost 10 over the last week five trading days significantly outperforming the SP 500 which declined by. 16 2021 at 1151 am.

SoftBank Group Corps Vision Fund has sold 203 billion worth of shares in San Francisco-based food-delivery company DoorDash Inc.


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