Deals
Instacart Files Confidentially for an IPO That Could Happen This Year
- Grocery delivery firm is said to work with Goldman, JPMorgan
- Instacart’s valuation fell 40% to $24 billion in March
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Instacart Inc., the largest online grocery delivery platform in the US, said it confidentially filed documents for an initial public offering.
The San Francisco-based company didn’t disclose details of its IPO plans in a statement Wednesday confirming an earlier report by Bloomberg News.