Instacart s market capitalization, including all outstanding shares, totaled $13.9 billion. But even with the stock price pop, the company s valuation remained a far cry from the $39 billion that investors assigned it in the private market in 2021.
A report from consulting firm Redseer estimated that by FY28, there will be a significant increase in the number of companies that are either listed or ready for an IPO, with a strong emphasis on profitability.