If Instacart does go public, it will be doing so at a risky time. Wall Street, spooked by inflation and the war in Ukraine, has been cool to tech stocks in recent months, and the number of IPOs fell 80% from a year earlier as of May 4
Jen Valencia, a part time worker for Instacart, packs her SUV with two orders for delivery in Clark, New Jersey, January 08, 2022 . Instacart expects growth in grocery delivery to increase and not revert back to pre-pandemic methods. (Credits: Michael Loccisano/Getty Images via AFP)
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