DoorDash Inc. on Monday said it plans to sell 33 million shares at between $75 and $85 apiece in an initial public offering, giving the food-delivery company a valuation topping $25 billion.

At the $80 midpoint of that range, the San Francisco company said it expects net proceeds of about $2.54 billion from the offering.

DoorDash said it would…

This post first appeared on wsj.com

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