SoftBank to invest $300 million in food delivery firm DoorDash: Recode

(Reuters) – SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

The investment will be made from SoftBank’s Vision Fund, which has raised close to $100 billion to invest in technology companies, Recode also reported.

DoorDash declined to comment on the report, while SoftBank did not respond to a request for comment.