Instacart Sets $616 Billion Target for IPO
Online grocery delivery company Instacart is looking to raise $616 billion when it goes public, making it one of the largest initial public offerings of the year. The company revealed in a filing on Monday that it plans to offer 14.1 million shares, priced...
Instacart Files IPO Plan Amid Slowed Sales Growth
Instacart filed its initial public offering plans on Friday. The company is looking to trade on the Nasdaq Global Select Market under the symbol CART.
The online grocery delivery platform's decision to go public comes as it seeks new sources of capital amid a slowdown...