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Grocery Delivery App Instacart To Raise Upto $616mn, Seeks $9.3bn Valuation In IPO: Report

The San Francisco-based company and its selling shareholders are offering 22 million shares priced between USD 26 and USD 28 apiece, according to media reports

Grocery Delivery App Instacart To Raise Upto $616mn, Seeks $9.3bn Valuation In IPO: Report
Grocery Delivery App Instacart To Raise Upto $616mn, Seeks $9.3bn Valuation In IPO: Report

Grocery delivery service Instacart is aiming to raise up to USD 616 million along with selling stockholders in its initial public offering, a regulatory filing showed on Monday.

The San Francisco-based company and its selling shareholders are offering 22 million shares priced between USD 26 and USD 28 apiece.
 

(REUTERS)


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