Instacart Prepares for IPO Amid Volatile Markets, Changing Consumers

The Instacart Inc. plans to launch a public offering that puts the grocery delivery company ahead of this year’s volatile stock market and long-term questions about how consumers shop for staples.

San Francisco-based Instacart said late Wednesday that it had secretly filed for an initial public offering, less than two months after falling in value by nearly 40%. By filing for privacy now, Instacart is positioning itself to go public as early as September, according to people familiar with the offering.

https://www.wsj.com/articles/instacart-prepares-for-ipo-amid-volatile-markets-changing-consumer-habits-11652380742?mod=pls_whats_news_us_business_f Instacart Prepares for IPO Amid Volatile Markets, Changing Consumers

Edmund DeMarche

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