DoorDash Sets IPO Terms Pushing Valuation Above $25 Billion

DoorDash Inc. on Monday said it plans to sell 33 million shares at between $75 and $85 apiece in an initial public offering, giving the food-delivery company a valuation topping $25 billion.

At the $80 midpoint of that range, the San Francisco company said it expects net proceeds of about $2.54 billion from the offering.

DoorDash said it would…