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Instacart valued at nearly $14 billion in latest funding amid online sales boom

Instacart said on Thursday it had raised $225 million in a new funding round, valuing it at $13.7 billion, as the grocery delivery company cashes in on a surge in online shopping due to the COVID-19 pandemic. [Source]

Publication Date:

Origin: reuters.com

Category: technologyNews

Topics: online, funding, billion, Instacart, pandemic, COVID-19, shopping, surge, cashes, company, delivery, grocery, valuing, round, million, raised, sales, latest, nearly, valued

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/VXYaRHsn3b8/instacart-valued-at-nearly-14-billion-in-latest-funding-amid-online-sales-boom-idUSKBN23I2QE