DoorDash discusses funding at over US$6bil valuation

SINGAPORE: The food delivery startup DoorDash Inc is negotiating an approximately US$500mil funding round led by Singapore’s state investment firm Temasek Holdings Pte Ltd, a person familiar with the matter said. Though the amount could differ because the details have not been finalised.

A deal would value DoorDash at US$6bil to US$7bil, said two people familiar with the details, both of whom asked not to be identified because the talks are private. The Wall Street Journal previously reported the deal terms.