Instacart Drops Its Valuation by Almost 40%
Tech.Co
MARCH 25, 2022
Another reason could be a steep drop in sales growth rate since the start of the pandemic, when many people suddenly became interested in getting groceries dropped off at their door. — Fat Tail Capital (@FatTailCapital) March 25, 2022. Now, it has dropped that valuation to just $24 billion, a drop of 38%. Delivery Is Evolving.
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