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INSTACART INC.
Big shakeup at OpenAI: COO Brad Lightcap shifts out of role; Fidji Simo to take medical leaveOpenAI faces major leadership changes as Brad Lightcap moves roles and Fidji Simo goes on health leave. Meanwhile, the company prepares for...- Instacart debuts white-label AI shopping chatbot in enterprise pushInstacart is adding artificial intelligence-powered tools for grocers, including an assistant that can make product recommendations, the la...
- Instacart promotes business chief Rogers to CEO as Simo leaves for OpenAIInstacart has appointed Chris Rogers as the new chief executive officer. He replaces Fidji Simo, who is moving to OpenAI. Rogers will assum...
- Instacart’s public market debut: top stories on the grocery delivery company’s IPOAlthough Instacart's market value at public listing was only a fraction of its 2021-valuation of $39 billion, it came at a time when there ...
- Instacart names Sequoia partner, ex-COO Ravi Gupta to boardInstacart named former chief financial and operating officer Ravi Gupta to its board of directors Friday, formalizing a move after the groc...
- Hyped trio of IPOs drop toward offer price with rates still highArm has drawn caution from analysts with Bernstein earlier this week initiating coverage with an underperform rating, saying it’s too soon ...
- Instacart founder Apoorva Mehta exits with $1.1 billion fortune after IPOApoorva Mehta, co-founder of Instacart, is set to have a fortune of $1.1 billion following the company's IPO. Mehta stepped down as CEO in ...
- Instacart valued at $9.9 billion as IPO market reboundsInstacart's parent company, Maplebear Inc, priced its IPO at the top of its range, resulting in a $9.9 billion valuation. This is significa...
- Instacart reveals IPO filing, disclosing PepsiCo investment, profitabilityGrocery delivery service Instacart on Friday said its core business turned profitable after making public its filing for a long-awaited sto...
- Instacart plans for September IPO in boost for US listingsThe largest US online grocery-delivery company could publicly file its plans for an IPO with the US Securities and Exchange Commission as s...
- Reddit eyes IPO in second half of 2023: reportReddit and other firms including grocery delivery firm Instacart are keeping their initial public offering paperwork up to date, in prepara...
- Grocery delivery platform Instacart confidentially files for US IPOInstacart is working with Goldman Sachs and Morgan Stanley on an offering, a Bloomberg report said, citing people familiar with the matter.
- Instacart slashes its valuation by almost 40% to $24 billionInstacart aims to boost recruiting and retention efforts by aligning new equity awards for new hires and existing employees with the update...
- Walmart to hire over 3,000 U.S. drivers as it expands home deliveryWalmart has experimented for years with last-mile delivery options. In 2017, for instance, Walmart established a program through which its ...
- SoftBank-backed SPAC to take Mapbox public in $2 billion deal: ReportSoftBank has invested in Mapbox through its tech-focused Vision Fund, which led a $164 million funding round for the company in 2017
- Instacart said to weigh direct listing in snub to IPOsThe move would make Instacart the latest company to snub an IPO, for decades the primary path to a listing, because it risks pricing its of...
- Instacart valuation more than doubles ahead of tentative IPOInstacart, which reportedly has picked Goldman Sachs to lead its IPO, has raised $265 million in a funding round led by existing investors—...
- Uber sees grocery delivery sparking its next wave of growthGrocery delivery is an area that has seen rapid growth following the Covid-19 outbreak.
- Taxi company Baxi ties up with two FMCG brands, services to begin in JanuaryBaxi, which had raised Rs 10 crore in 2015 from a host of well-known early-stage investors, is in the final stages of launching its hyperlo...
- With fresh funding, Apoorva Mehta is taking the grocery delivery fight to AmazonThe money will help Instacart defend against programs like the one Amazon made public on Thursday: It’s testing free two-hour delivery of W...
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