Instacart valuation jumps to $17.7 billion as online grocery shopping surges

Instacart on Thursday said it raised $200 million in its latest round, valuing the company at $17.7 billion as it cashes in on a surge in online shopping due to the COVID-19 pandemic. In June, Instacart raised $225 million, and the company was valued at $13.8 billion in that round. This latest round is led… Continue reading at New York Post