Instacart Plans for September IPO in Boost for US Listings

Instacart Inc. is planning an initial public offering as soon as September, according to people familiar with the matter, adding to a potential rebound for US listings.

The largest US online grocery-delivery company could publicly file its plans for an IPO with the US Securities and Exchange Commission as soon as next week, said the people, who asked not to be identified because the information was private. Instacart, which had previously considered a direct listing, is planning a traditional IPO on the Nasdaq, the people said.