Instacart files for a US IPO set for September; after being valued at $39B in 2021, the company repeatedly cut its valuation, reportedly to $13B in October 2022 (Dan Primack/Axios)

Dan Primack / Axios:

Instacart files for a US IPO set for September; after being valued at $39B in 2021, the company repeatedly cut its valuation, reportedly to $13B in October 2022  —  Grocery delivery giant Instacart on Friday filed for its initial public offering, with expectations that its shares will begin trading on the Nasdaq next month.