Instacart Says It Filed Confidentially for an IPO in US (1)

Instacart Inc., the largest online grocery delivery platform in the US, said it confidentially filed documents for an initial public offering.

The San Francisco-based company didn’t disclose details of its IPO plans in a statement Wednesday confirming an earlier report by Bloomberg News.

A listing could happen as soon as this year though the timing could slip, said people familiar with the matter who asked not to be identified discussing private information. The deliberations are ongoing and the company could still remain private, they said.

Instacart is working with banks including Goldman Sachs Group Inc. and JPMorgan Chase & ...