Jack Daleo
Wednesday, December 28, 2022
Instacart reportedly slashes internal valuation by 20% to $10B
For the fourth time this year, grocery delivery platform Instacart has cut its valuation, despite hints of an IPO.
For the fourth time this year, grocery delivery platform Instacart has cut its valuation, despite hints of an IPO.
The Baidu Apollo fleet consists of 500 vehicles, with open-road tests conducted in 30 cities around the world. The company’s Robotaxi service has carried 210,000 passengers and is available in Beijing, Changsha and Cangzhou, with plans to move into 30 more cities over the next three years.
Controlling ones nerves is important to first time sellers, M&A expert recommends to trucking company owners.
XPO has made spin-offs the new buzzword in logistics for 2020.
Valuations will stay high and capital is readily accessible, bringing both sellers and buyers to market.