Instacart

Why Are E-Grocery Stores Growing in Popularity? Analysis

As the world becomes more digitally driven than ever, it's no surprise that most daily activities occur online or on mobile devices, and grocery shopping i...

Instacart IPO Pulled Due To Volatile Market Conditions, Sources Say

Grocery delivery app Instacart is likely to postpone its plans to go public in 2022 amid market uncertainty that has left investors worried about growing v...

Instacart Plans To Focus On Selling Employees' Shares In IPO: Report

Grocery delivery app Instacart Inc does not seek to raise much capital in its US initial public offering and instead plans to focus on the sale of employee...

Instacart Cuts Valuation By 40% As Race In Delivery Space Heats Up

Instacart Inc slashed its valuation by nearly 40% to about $24 billion due to recent market turbulence, underscoring the difficulties US grocery delivery f...

Instacart Names Facebook App Head Simo As CEO

Instacart has named Facebook Inc app head Fidji Simo as its chief executive officer, adding big tech expertise ahead of an expected stock market listi...

Instacart Hires Goldman Sachs' Giovanni As New CFO

Instacart has appointed Goldman Sachs Group Inc banker Nick Giovanni as its new chief financial officer, as the US grocery delivery app gears up for a pote...

Delivery App Instacart Raises $200m At $17.7bn Valuation

Delivery startup Instacart on Thursday said it raised $200 million in its latest round, valuing the company at $17.7 billion as it cashes in on a...

Instacart Valued At Nearly $14bn In Latest Funding Amid Online Sales Boom

Instacart said it had raised $225 million in a new funding round, valuing it at $13.7 billion, as the grocery delivery company cashes in on a surge in onli...