Capital Group cuts Instacart's valuation to $14.7B, below the company's $24B March valuation, becoming the second investor to cut the valuation in recent weeks (Miles Weiss/Bloomberg)

See the full post here ➡️ http://www.techmeme.com/220719/p13#a220719p13

Rate this post


Miles Weiss / Bloomberg:

Capital Group cuts Instacart’s valuation to $14.7B, below the company’s $24B March valuation, becoming the second investor to cut the valuation in recent weeks  —  Instacart Inc. investor Capital Group Cos. cut its valuation to $14.7 billion, far below the online grocery-delivery firm’s own calculation of $24 billion.


Why should you share your news?

Contributing is one of the best ways to promote a website. This technique has been used for decades now and is still very effective. But, this strategy can make or break your rankings depending on its application.

A news website is one of the best places to publish your blog. This is because such sites always have massive amounts of targeted traffic. If you write quality content, your post will get many hits, and many people will follow your blog.

Disclaimer

The content provided has been modified and is not displayed as intended by the author. Any trademarks, copyrights, and rights remain with the source. Linux Chatter sources content from RSS feeds and personal content submissions. The views and opinions expressed in these articles are those of the authors and do not necessarily reflect Linux Chatter.