DoorDash scores valuation of $16 billion as coronavirus pushes it to top of food-delivery chain
June 19, 2020 at 09:31 AM EDT
Coronavirus lockdown orders spurred sales for DoorDash, placing the food-delivery service well above rivals GrubHub and UberEats. This week it raised $400 million in equity, boosting its valuation to $16 billion. It made CNBC's 2020 Disruptor 50 list, revealed Tuesday.