DoorDash Inc. on Thursday said it raised $250 million in a round of funding that values the prepared food-delivery startup at $4 billion, more than doubling its valuation for the second time in five months.
The latest round was led by Coatue Management LLC and Russian firm DST Global, with some existing investors participating. In March, the San Francisco-based company raised $535 million from the Japanese conglomerate SoftBank Group Corp. and others, elevating its valuation to $1.4 billion.
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