Industry News Update – Week of 10/22/2018:

Last week, Instacart's valuation increased to $7.6 billion after the company raised $600 million.

 Lyft selected JPMorgan as its lead underwriter for its upcoming IPO.

 Palantir could be valued at $41 billion when going public in the second half of 2019.

 Uber could be valued at $120 billion when the company goes public.

 

The news articles and links presented below are available for your reference.

 

INSTACART

“Instacart Grabs Extra $600M In Funding At $7.6B Valuation, Says IPO 'On The Horizon'"

LYFT

"Report: Lyft picks JPMorgan to lead IPO in 2019"

PALANTIR

“ Mysterious Big Data Company Palantir is Reportedly Looking at an IPO — And Could See a Valuation of $41 Billion”

UBER

"Uber Proposals Value Company at $120 Billion in a Possible IPO"