Tag: Instacart

Instacart Soars 40% as It Begins Trading, an Encouraging Sign for Tech I.P.O.s

Shares opened at $42 on Tuesday, valuing the grocery delivery company at $13.9 billion.

Instacart Prices I.P.O. at $30 a Share, Raising $660 Million

The grocery delivery company priced its offering at the high end of expectations, in a potentially upbeat sign for tech public offerings.

The Stock Market Hopes for a Hit From the Year’s Biggest Initial Public Offering

Arm, the British chip designer owned by SoftBank, will provide clues as to whether the I.P.O. market may revive after a very quiet year.

Instacart Was All About Grocery Delivery. No Longer.

As it prepares to go public next week, Instacart shows that one secret to making money as a gig economy company is to become an advertising company.