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Bloomberg Tech

Instacart Starts Trading, iPhone 15 Is a Hit in China

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 19 September 2023

⏱️ 47 minutes

🧾️ Download transcript

Summary

 Bloomberg's Caroline Hyde and Ed Ludlow provide full coverage of the Instacart IPO as the grocery delivery and software company opens 40% above its $30 IPO price. Plus, Apple sees bright spots in China as its iPhone 15 sells out within minutes of being released. 

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Transcript

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0:00.0

Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental

0:06.2

leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th.

0:12.8

Title sponsor Amazon, Official Airline, Alaska Airlines.

0:17.6

Supporting sponsor, Providence.

0:19.9

Contributing sponsor, Wareyerhauser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival.

0:31.6

From the heart of where innovation, money and power collie in Silicon Valley and beyond,

0:37.0

this is Bloomberg Technology with Caroline Hyde and Edla Lo Loa. Live from Bloomberg's world headquarters in New York and Caroline Hyde.

0:58.7

And I'm Ed Ludlow here in New York City.

1:00.3

This is Bloomberg Technology.

1:02.0

And coming up we have full coverage of the Instacart IPO as the grocery delivery and software company

1:07.0

and gets ready to trade this hour much more ahead.

1:10.0

Plus Apple seeing bright spots in China as iPhone sell out within minutes of being released.

1:14.7

I will speak with Eric Whitman, the incoming CEO of Photo and Video App Visco, get his outlook

1:20.0

for the social media company, but of course we want to really be digging in in the hot news of the day.

1:26.4

This is largely around an IPO story.

1:28.9

Instagard of course finally a VC backed company coming to the markets.

1:33.8

We're anticipating that first trade.

1:35.2

Katie Ruth is here.

1:36.5

Also anticipating all your sources waiting with baited breath.

1:39.8

Remind us as to whether or not they're making money on this because we do know that the valuation is significantly

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