SoftBank to invest $300 million in food delivery firm DoorDash
SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.
The investment will be made from SoftBank’s Vision Fund, which has raised close to $100 billion to invest in technology companies, Recode also reported.
SoftBank and the on-demand restaurant delivery service were not immediately available for comment.
Source:-Â https://www.reuters.com/article/us-doordash-softbank/softbank-to-invest-300-million-in-food-delivery-firm-doordash-recode-idUSKBN1E20FU