Shares opened at $42 on Tuesday, valuing the grocery delivery company at $13.9 billion.
Tag: Instacart
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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.
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The Stock Market Hopes Arm’s IPO Is a Hit
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.
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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.
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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.