DoorDash is reportedly raising $500M at a $6B+ valuation

Just days after Postmates filed confidential paperwork for an initial public offering, the latest news in the on-demand delivery space is that competitor DoorDash is in the process of raising a $500 million round, The Wall Street Journal reports. The round would reportedly value DoorDash at more than $6 billion and possibly up to $7 billion. According to the WSJ, Temasek Holdings Pte., Singapore's state investment firm, is expected to lead the round.