Why Instacart Might Deliver an Unusual IPO
The American online grocery delivery service Instacart is not yet publicly listed, but the company has clearly announced an IPO on its horizon. Rumor has it that Instacart may snub a traditional IPO for a direct listing. How it goes public will have major implications on initial stock price, dilution, and lockup periods, impacting both new and existing investors.
Image source: Getty Images.
Instacart has established its foothold as the market leader in its space, with a wide enough competitive moat to sustain it. Its main competition consists of food delivery platforms like DoorDash and established grocers like Walmart (NYSE: WMT), Amazon.com, and Target.
Source Fool.com
