Seonglae ChoInstacart files to go public on Nasdaq to try and unfreeze tech IPO market
Following a 20-month drought in venture-backed tech IPOs, Instacart filed on Friday to go public on the Nasdaq.
https://www.cnbc.com/2023/08/25/instacart-files-to-go-public-on-nasdaq-to-unfreeze-tech-ipo-market.html
Biggest grocery in America
Instacart Blows Past Walmart in Online Grocery Business
The coronavirus pandemic gave a major boost to online grocery orders, as many people sheltered in their homes. But one company-Instacart-benefited a lot more in the business than its bigger rival, Walmart, as new data demonstrates.Walmart saw its weekly share of the online grocery business ...
https://www.theinformation.com/articles/instacart-blows-past-walmart-in-online-grocery-business?utm_content=article-4564&utm_campaign=article_email&utm_source=sg&utm_medium=email
美 배달 스타트업 인스타카트 기업가치 43조원...스페이스X 이어 2위
미국의 식료품 배달 스타트업인 '인스타카트'가 신규 자금 조달 과정에서 기업가치를 390억달러(약 43조 560억원)으로 평가받았다. 2일(현지 시각) 미국 경제전문매체 CNBC는 인스타카트가 2억 6500만 달러(약 2900억 원)의 자금을 추가 조달하는 펀딩 라운드에서 390억달러의 기업가치를 인정받았다고 보도했다. 앞선 자금 조달 과정에서 인정 받은 기업 가치(177억 달러·약 19조 8800억원)의 두배가 넘는 수준이다.
https://biz.chosun.com/site/data/html_dir/2021/03/03/2021030301324.html?utm_source=naver&utm_medium=original&utm_campaign=biz
DoorDash held talks to buy Instacart- The Information
The talks have fallen apart in recent weeks, the report added, partly over concerns whether the deal would get antitrust regulators' approval. Instacart, which plans to list in the next few months, initiated the deal talks, according to the report.
https://finance.yahoo.com/news/doordash-held-talks-buy-instacart-233835820.html?utm_source=tldrnewsletter
Instacart wants to sell enterprise software to grocery stores
The company announced today that it wouldn't just be relying on the gig worker model anymore. Now, all grocery stores can now use its software product for managing fulfillment, ecommerce, ads and other digital needs.
https://www.protocol.com/bulletins/instacart-offering-software-grocery-stores
