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Instacart aims for valuation of up to $10 billion in upcoming IPO

Instacart aims for valuation of up to $10 billion in upcoming IPO

Fidji Simo, CEO of Instacart Inc., speaks during an interview in San Francisco, March 3, 2022.

David Paul Morris | Bloomberg | Getty Images

Grocery delivery platform Instacart raised its initial price range to between $28 and $30 per share in a regulatory filing Friday, aiming for a valuation of up to $10 billion.

Instacart plans to offer 22 million total shares when it debuts on the Nasdaq, including from current shareholders, and could raise…


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