Instacart is targeting a valuation below $10 billion for its upcoming initial public offering, the Wall Street Journal reported Sunday, a far cry from the...
Instacart is targeting a valuation below $10 billion for its upcoming initial public offering, the Wall Street Journal reported Sunday, a far cry from the nearly $40 billion it was valued at just a couple of years ago.
Read more: Instacart IPO: 5 things to know about the app that’s looking to ride a ‘massive digital transformation’ in grocery shopping
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| Instacart to Target Much-Diminished Valuation Range of Under $10 Billion in IPOThe grocery-delivery company aims for $8.6 billion to $9.3 billion, down from $39 billion in 2021.
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Instacart aiming for valuation of $8.6 billion to $9.3 billion in IPO, reports sayInstacart to target reduced valuation of $8.6 billion to $9.3 billion in IPO, reports say.
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Instacart to target valuation of up to $9.3 billion in IPO, source saysGrocery delivery service Instacart is targeting a valuation between $8.6 billion and $9.3 billion in its initial public offering, according to a person familiar with the matter.
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