Friday, November 22, 2024

Instacart

Instacart, the grocery delivery service, has teamed up with Uber Eats to introduce an exciting addition for its customers: restaurant delivery.San Francisco-based Instacart announced on Tuesday that its U.S. shoppers can expect to find a "Restaurants"...
In an effort to enhance the online visibility of independent grocery stores, Instacart, the North American delivery service, has expanded its partnership with Associated Wholesale Grocers (AWG).This partnership will offer e-commerce solutions and same-day delivery to...

Instacart bucks stock decline trend with strong Q4 earnings and $500 Million share repurchase

On Wednesday, Instacart projected a fourth-quarter core profit exceeding Wall Street estimates in its first earnings report since going public in September. The 4%...

Instacart gets green light from major Wall Street brokerages despite initial share decline

Many major Wall Street brokerages, such as J.P. Morgan and Goldman Sachs, initiated coverage of Instacart with an optimistic perspective, showing confidence in the...

Instacart appoints former CFO Ravi Gupta to board of directors following IPO

On Friday, Instacart officially appointed Ravi Gupta, the former Chief Financial and Operating Officer, to its board of directors, solidifying the decision following the...

Uber Eats targets broader market with new AI features and expanded payment options

Uber Technologies (UBER.N) announced on Wednesday its plans to broaden the array of payment choices for its food delivery platform. Additionally, the company intends...

Instacart Co-Founder Apoorva Mehta steps down from board post-IPO, retains largest share with $1.1 Billion fortune

Instacart's Co-Founder, Apoorva Mehta, is checking out with a significant $1.1 billion fortune following the grocery-delivery company’s initial public offering.Read More: Grocery delivery service...

Instacart elevates IPO price range following strong arm debut

Instacart, the grocery delivery app, decided to increase its previously suggested price range for its initial public offering (IPO) on Friday. This adjustment in...

Grocery delivery service Instacart aims to secure $616M in public offering

Instacart, the grocery delivery service, aims to secure up to $616 million in funding through its initial public offering, as revealed in a regulatory...

Instacart’s revenue soars by 31% as it prepares for highly anticipated IPO

On Friday, Instacart, the grocery delivery app, announced a significant 31% increase in revenue for the initial half of this year. Simultaneously, the company...

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