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Instacart CEO: ‘Highly Unlikely’ to Hold IPO This Year

By
Erin Woo
· · Source: The Information

Instacart, the San Francisco-based grocery delivery company, will likely postpone its IPO to 2023, chief executive Fidji Simo told employees via email on Thursday evening. “The markets are still extremely tumultuous making it highly unlikely that an IPO is possible for us in 2022,” Simo wrote in an email viewed by The Information. In the email to employees, Simo argued that the postponed...

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