The online grocery delivery company, Instacart, is making waves in the retail brokerage accounts as it prepares for its initial public offering (IPO). Set to trade under the ticker symbol "CART," Instacart's valuation is set at approximately $9.6 billion, according to a recent filing. This valuation represents a significant increase from its previous assessments, reflecting the … [Read more...] about Instacart: A Test for Investors’ Appetite in the Gig Economy
Instacart
Instacart Files for IPO
Maplebear, operating under the brand name Instacart, has officially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission. As a leading online grocery shopping company, Instacart connects consumers with their retail partners, serving 7.7 million monthly active orderers. The company offers various services such as Instacart Marketplace, … [Read more...] about Instacart Files for IPO
