Instacart Cuts Valuation by Nearly 40%
Instacart Inc. said it has cut its valuation by about 38% to $24 billion, illustrating the difficulties of competing in the delivery market.The San Francisco company said the valuation…
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Fidji Simo
Instacart President Carolyn Everson to Depart After About Four Months at…
Instacart Inc. said its president,
Carolyn Everson,
will leave the food-delivery company at the end of this year, about four months…
Instacart Needs to Ring Up Grocers in Store
Online grocery ordering platform Instacart wants to continue its pandemic run. To do that, it needs to physically move into more stores.
On Tuesday,…
Instacart Expects More Growth in Grocery Delivery
Instacart Inc.’s chief executive said the company foresees more runway for growth in grocery delivery, saying the Covid-19 pandemic has fueled lasting changes in the…
Instacart Names Facebook Veteran Fidji Simo as CEO
Instacart Inc. named technology industry veteran Fidji Simo as its new chief executive, as the grocery delivery company seeks to expand its business and go public.
Ms.…