Instacart goes public while slashing minimum pay rates for gig workers ...Middle East

Quartz - Economy
Instacart goes public while slashing minimum pay rates for gig workers
source : Quartz ( Middle East ) () 30
Instacart debuted on the Nasdaq stock exchange this morning (Sep. 19), listing at $30 a share under the ticker symbol CART, and rising to $42 in early trading. The IPO valued Instacart at $10 billion, down dramatically from $39 billion in 2019. But unlike its gig-economy peers Uber and DoorDash, Instacart did go publicRead more...

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