IPO season back in force: Airbnb, DoorDash seek higher valuation

IPO season back in force: Airbnb, DoorDash seek higher valuation

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Airbnb and DoorDash make their stock market debut this week as part of a “unicorn parade” capping a busy year for hot startups going public. DoorDash is aiming high with an opening share price of $102, valuing the food delivery startup at $38.7 billion overall for its stock market debut Wednesday. Airbnb, on the other had, which has seen its business crushed along with the rest of the travel industry, promises to be a better bet once people around the world return to vacationing and adventures.

Credit: Stocks-Markets-Economic Times

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