Instacart has launched two new product features designed to speed up service and unlock more delivery windows as demand for grocery delivery continues to surge in North America. The new features—”Fast & Flexible” and “Order Ahead”—which the company has been testing over the last few weeks, increase delivery availability for customers across North America and provide more choice […]
Tag: Apoorva Mehta
Instacart Hiring 300,000; Western Grocers Taking Actions In Response To Pandemic
The number of cases of Covid-19 continue to increase across the United States daily and while some industries are at a virtual standstill, the grocery industry is hard-pressed to keep up with consumer demand. While California-based Instacart is planning to hire 300,000 people nationwide, Western grocers Smart & Final, Superior Grocers and Albertsons Cos. are […]
Instacart Raises $600M In New Funding For Expansion, Marketing
Instacart has raised $600 million as part of a financing round led by global investment advisory firm D1 Capital Partners. The investment from D1 Capital comes after a year of growth for Instacart and raises the company’s valuation to $7.6 billion. “The U.S. is nearly a $1 trillion grocery market, and last year we saw almost every […]
