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Airbnb and DoorDash Are Said to Target Higher IPO Valuations

(Bloomberg) — Airbnb Inc. and DoorDash Inc. will disclose higher-than-expected valuation ranges for their initial public offerings when they start their roadshows this week, according to people familiar with the matter.

Airbnb is targeting a range of $30 billion to $33 billion, up from the $30 billion that had been expected, the people said, asking not to identified as the matter is private. DoorDash plans a range of around $25 to $28 billion, more than the expected $25 billion, according to one…

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