DoorDash Inc. on Monday said it plans to sell 33 million shares in an initial public offering that could give the food-delivery company a valuation of as much as $32 billion.

The San Francisco company said it expects an offering price of between $75 and $85 a share, adding that a pricing at the $80 midpoint of that range would yield net proceeds of about $2.54 billion.

DoorDash…

This post first appeared on wsj.com

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