October 24, 2022 - 7:41am | By Kyle Cornell
(San Francisco, CA) -- Instacart is likely putting off plans to go public until next year.
The news from the San Francisco-based grocery delivery service comes after the company cut its valuation three times this year.
According to a report from Reuters, market uncertainty has left Instacart's investors worried about growing volatility in capital markets making a 2022 IPO highly unlikely.
