September 22, 2023
FinTech IPO Index Loses 5.8% as Platforms Plunge, Offset Spate...

Partnerships were the prime source of headlines this past week. But for the FinTech IPO Index, which gave up 5.8% through the past five sessions, the downside was led by...

September 19, 2023
Instacart Stock Closes 12% Higher Than IPO Price

Instacart stock closed at $33.70 a share on Tuesday (Sept. 19), the day of its initial public offering (IPO). Priced at $30 a share on Monday (Sept. 18) by the grocery-delivery company,...

September 19, 2023
Sam’s Club Adds New Advertiser Tools as Grocers Supplement Consumer...

With grocers expanding their advertising businesses to boost their margins, Sam’s Club has announced new tools for brands to measure campaign effectiveness.  The Walmart-owned membership warehouse club chain, which has...

September 19, 2023
Report: Klaviyo Considers Pricing IPO Above Indicated Range

Klaviyo is reportedly considering pricing its initial public offering (IPO) at the top of its indicated price range or even slightly above it. The marketing automation company is in discussions with...

September 19, 2023
Grocers Grapple With Direct Delivery as Instacart Goes Public

With Instacart going public Tuesday (Sept. 19) via initial public offering (IPO), grocers are rethinking their direct delivery businesses. Some are investing more in their in-house delivery offerings. For instance,...

September 18, 2023
Report: Spanish Travel Tech Company Hotelbeds Considers IPO

Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth of shares. The company is...

September 18, 2023
Instacart Sets IPO Price at High End of Expectations

Instacart has announced that it will be pricing its initial public offering (IPO) at $30 per share, which is at the high end of expectations. At this price, Instacart would have...

September 18, 2023
DoorDash and Aldi Expand Partnership to Offer ‘Safe’ Alcohol Delivery

DoorDash has expanded its alcohol delivery partnership with Aldi to 1,200 stores in 21 states. The updated collaboration, announced in a Monday (Sept. 18) press release, is part of a...

September 18, 2023
Klaviyo Aims for $9 Billion as Platform Prepares for IPO

Marketing automation platform Klaviyo is aiming for a valuation of $9 billion when it goes public. The company on Monday (Sept. 18) estimated in a filing with the Securities and Exchange Commission that its...