Instacart slashes its valuation to $24 billion - CNN International
3/25/2022 12:00:00 AM3 years 11 months ago
by Sara Ashley O'Brien, CNN Business
by Sara Ashley O'Brien, CNN Business
Instacart's valuation doubled twice to $39 billion in the first year of the public health crisis, fueled by a pandemic boon to its on-demand grocery delivery business. Now it's falling back to earth.
(CNN Business)Instacart's valuation doubled twice to $39 billion in the first year of the public health crisis, fueled by a pandemic boon to its on-demand grocery delivery business. Now it's falling … [+1881 chars]
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