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DoorDash CEO Says Offering to Keep Restaurant and Store Properties Open in Pandemic

Food Delivery Startup Holds Almost $550 Million in Real Estate Leases
"Helping brick-and-mortar businesses compete, succeed, and flourish in these rapidly changing times is the core problem we are trying to solve," according to DoorDash CEO Tony Xu. (Getty Images)
"Helping brick-and-mortar businesses compete, succeed, and flourish in these rapidly changing times is the core problem we are trying to solve," according to DoorDash CEO Tony Xu. (Getty Images)

Internet-based food delivery platform DoorDash is asking for Wall Street's support in its bid to go public, asserting that its service has become a crucial lifeline for small businesses, as well as restaurants that have closed their dining rooms, in the pandemic as they struggle to pay rent.

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