Hedge fund launched by Instacart cofounder Apoorva Mehta has AI call shotsInstacart cofounder Apoorva Mehta launched Abundance, a hedge fund utilising thousands of AI agents to independently manage trades, researc...
24 Apr, 2026, 09.14 PM IST
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...
29 May, 2025, 06.13 PM IST
Instacart partners with Uber Eats to offer restaurant deliveriesSan Francisco-based Instacart said Tuesday that its U.S. shoppers will see a "Restaurants" tab in the company's app in the coming weeks. Re...
08 May, 2024, 08.29 AM IST
Instacart to lay off 250 employees as slowing ad business counters upbeat Q1 forecastShares of Instacart reversed course to be down about 5% after the bell following Instacart's lower-than-expected fourth-quarter revenue on ...
14 Feb, 2024, 08.35 AM IST
Instacart's stock ends below IPO price for first timeMeanwhile, shares of Klaviyo, which debuted last Wednesday, dipped 1.6% to $34.11. The marketing automation firm's stock remains above its ...
27 Sep, 2023, 08.46 AM IST
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 ...
24 Sep, 2023, 07.45 PM IST
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...
19 Sep, 2023, 08.32 AM IST
Instacart set to raise IPO target price after Arm's successful debutInstacart is now expected to sell shares for $28 to $30 apiece, the Journal said, adding that the company plans to disclose the target pric...
15 Sep, 2023, 11.39 AM IST
Instacart was all about grocery delivery, here's how it's different nowAs Instacart prepares to go public next week, it is a markedly different company. Envisioned in 2012 as a service that matched people at ho...
14 Sep, 2023, 09.26 PM IST
Instacart's flat shopping orders could hurt ad growth, say analystsSan Francisco-based Instacart's 5.1 million subscribers typically pay $99 a year or $9.99 a month for free deliveries on orders of $35 or m...
12 Sep, 2023, 04.01 PM IST
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...
26 Aug, 2023, 09.37 PM IST
US grocery delivery app Instacart hikes its valuation 18% to $12 billion as financials improve: reportInstacart's improvement reflects financial results from December, January and February, as well as the stock performance of similar publicl...
03 Apr, 2023, 08.33 AM IST
Instacart founder Apoorva Mehta is calling it quitsInstacart announced that CEO Fidji Simo had been appointed as Chair of the Board of Directors, effective as Mehta moves out from the board ...
23 Jul, 2022, 03.21 PM IST
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...
25 Mar, 2022, 08.30 AM IST
Instacart building micro-warehouses in an attempt to resurrect delivery edgeInstacart, the leading grocery delivery platform, will plan something bigger with Instacart micro-warehouses. Here, all grocers will access...
24 Mar, 2022, 09.08 PM IST
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...
05 Mar, 2021, 11.38 PM IST
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—...
02 Mar, 2021, 09.10 PM IST