DoorDash Secures $535 Million in Funding & Will Triple Presence to 1,600 Cities

Published by , March 19, 2018 2:05 pm

(VentureBeat)  Food delivery DoorDash has secured a $535 million round of funding, spoon-fed by Japan’s SoftBank, with participation from Sequoia Capital, GIC, and Wellcome Trust.
DoorDash said it plans to increase its investment in DoorDash Drive, a fulfillment service it launched 15 months ago that allows merchants to use DoorDash for orders made outside the DoorDash platform — opening DoorDash to deliveries beyond the culinary spectrum. The company also said it expects to nearly triple its presence in the U.S. to cover 1,600 cities.

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