After reportedly being prepped for an initial public offering (IPO) early in 2021, Instacart may be rethinking that plan.
According to a Thursday afternoon report by The Information, company executives are worried that buyers of its stock could be worried about the company’s fortunes once the pandemic is over and economies fully reopen. Because of this, the report said Instacart executives are now mulling over a late-2021 IPO.
“That will make it easier for investors to gauge how fast Instacart’s...
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