Food delivery giant DoorDash plans to list on the NYSE under the ticker 'DASH' on December 8, 2020. The company is hoping to raise up to $3.14B from the event, up from $2.8B previously. That would give it a value of $35B on a fully diluted basis.
Ahead of this hotly-anticipated date, we took a deep dive into DoorDash's digital trends to get a better grasp of how the company is performing.
So what do the digital trends have to say?
As part of the DoorDash IPO alternative data analysis we looked at:
1. Trends in the number of monthly visits to the site globally
2. Competition in the US
3. How its mobile app is performing