Nigarai M Grusio
1 year ago
By Akanksha Khushi and Krystal Hu (Reuters) -Instacart Inc on late Thursday cut its valuation by nearly 40% to about $24 billion due to recent market turbulence, in an unusual move that shows how public market volatility affects high-flying private companies.The new valuation marks a substantial drop from last March, […]
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