Instacart slashes valuation by almost 40% to $24 billion after plunge in tech stocks - CNBC

The grocery delivery company was valued at $39 billion last March, when it raised $265 million.

Instacart said it's slashing its valuation by almost 40% to about $24 billion, to reflect this year's selloff in technology stocks. The grocery delivery company was valued at $39 billion in March 20… [+2382 chars]

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