Instacart’s Long-Awaited IPO Values Company at $10 Billion
Retail TouchPoints
SEPTEMBER 19, 2023
The IPO valuation represents a significant decline from early 2021, at the height of the COVID pandemic, when Instacart raised funding at a $39 billion valuation. The share price jumped in the IPO’s debut to $42 , according to the Wall Street Journal. grocery industry, according to the company’s SEC filing.
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