United States securities and exchange commission logo
May 24, 2023
Fidji Simo
Chief Executive Officer
Maplebear Inc.
50 Beale Street, Suite 600
San Francisco, CA 94105
Re: Maplebear Inc.
Amendment No. 5 to
Draft Registration Statement on Form S-1
Submitted May 9,
2023
CIK No. 0001579091
Dear Fidji Simo:
We have reviewed your amended draft registration statement and
have the following
comments. In some of our comments, we may ask you to provide us with
information so we
may better understand your disclosure.
Please respond to this letter by providing the requested
information and either submitting
an amended draft registration statement or publicly filing your
registration statement on
EDGAR. If you do not believe our comments apply to your facts and
circumstances or do not
believe an amendment is appropriate, please tell us why in your
response.
After reviewing the information you provide in response to these
comments and your
amended draft registration statement or filed registration statement, we
may have additional
comments.
Amendment No. 5 to Draft Registration Statement on Form S-1
Business
Our Value Proposition
For Brands, page 177
1. We note your disclosure
that you are "the leading grocery store technology company in
North America." Please
provide support for this statement.
For Shoppers, page 179
2. We note your disclosure
that you recognize hard work and reward shoppers with
"impactful incentives."
Please expand your disclosure regarding these incentives to
provide additional
detail to investors.
Fidji Simo
Maplebear Inc.
May 24, 2023
Page 2
Consolidated Statements of Operations, page F-5
3. Please revise your consolidated statements of operations to present the
net income (loss)
attributable to common stockholders. Refer to SAB Topic 6.B.
You may contact Suying Li at 202-551-3335 or Theresa Brillant at
202-551-3307 if you
have questions regarding comments on the financial statements and related
matters. Please
contact Alyssa Wall at 202-551-8106 or Erin Jaskot at 202-551-3442 with any
other questions.
Sincerely,
FirstName LastNameFidji Simo
Division of
Corporation Finance
Comapany NameMaplebear Inc.
Office of Trade &
Services
May 24, 2023 Page 2
cc: Jon Avina
FirstName LastName