DoorDash Inc. is raising $2 billion from the sale of convertible bonds, less than a month after the US’ largest food-delivery ...

DoorDash, Inc. (NASDAQ: DASH) ("DoorDash"), a leading local commerce platform globally, today announced the pricing of $2.5 ...

(NASDAQ: DASH) ("DoorDash"), a leading local commerce platform globally, today announced the closing of its previously announced private offering of $2.75 billion aggregate principal amount of its 0% ...

(NASDAQ: DASH) ("DoorDash"), a leading local commerce platform globally, today announced that it intends to offer and sell, subject to market conditions and other factors, $2.0 billion aggregate ...

Additionally, DoorDash plans to acquire SevenRooms for $1.2 billion, which could enhance its service offerings with advanced consumer intelligence tools. BMO Capital Markets responded to these ...

DoorDash shares dropped 9.8% to $185.35 at 10:10 a.m. in New York, the biggest intraday decline in a year. The stock has gained 11% this year. Deliveroo rose 2% to 175.50 pence in London.

The size of the offering was increased from the previously announced $2.0 billion aggregate principal amount of notes. In connection with the offering of the notes, DoorDash granted the initial ...

(“DoorDash”), a leading local commerce platform globally, today announced the closing of its previously announced private offering of $2.75 billion aggregate principal amount of its 0% ...

Upon conversion, the notes may be settled by paying or delivering, as applicable, cash and, if applicable and at our election, shares of DoorDash’s Class A common stock, based on the applicable ...

DoorDash is not permitted to redeem the notes before May 20, 2028. The company’s existing debt burden remains modest at $527 million, while generating annual revenue of $11.24 billion.

To facilitate the Deliveroo deal, DoorDash is taking a $2.85 billion bridge loan from JP Morgan Cazenove Holdings. The announcements sent DoorDash shares down 5% in premarket trading. It had about ...