Instacart’s Long-Awaited IPO Values Company at $10 Billion
Retail TouchPoints
SEPTEMBER 19, 2023
Instacart has made its initial public offering (IPO), pricing its stock at $30 per share and valuing the grocery delivery and technology company at approximately $10 billion. 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.
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