A year ago, SoftBank Group Corp. faced criticism when its strategy of pouring billions of dollars into highly unprofitable startups became bogged down by some high-profile flops.
Soon, the Japanese conglomerate may have a notable winner to flaunt: DoorDash Inc. The San Francisco-based food-delivery company is gearing up to go public in coming weeks at a valuation as high as $32 billion, it said in securities filings Monday.
If…
This post first appeared on wsj.com
