Sunday, August 27, 2023

Instacart reveals IPO filing, disclosing PepsiCo investment, profitability

Grocery delivery service Instacart on Friday said its core business turned profitable after making public its filing for a long-awaited stock market launch, while also disclosing an investment from PepsiCo Inc.

from Tech-Economic Times https://ift.tt/RNr7PFp

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...