ID 117351198
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| Dreamstime.com
By Russell Wood
In just on a month from now, Maplebear Inc (NASDAQ:CART), commonly known as Instacart, celebrates its first anniversary since going public.
During what could be described as an “IPO winter”, with listings way down from their 2021 post COVID highs, (and after delaying once already), CART, the online grocery fulfillment provider, boldly went to market around the same time as Softbank’s big chip bet, Arm, (NASDAQ: ARM).
Arm has fared rather well, doubling in the last 12 months (although ...