Blue Apron moves closer to IPOReuters 03/29/2017
Blue Apron, the largest meal kit company operating in the U.S., has hired Citigroup, Goldman Sachs, and Morgan Stanley to lead its initial public offering. Blue Apron has been valued as high as $2 billion following a round of funding in 2015. The company generated about $750 million in sales last year. It is not currently profitable.