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Instacart used data from shoppers to determine the most popular candy, trends in each state — and which states have the most Halloween spirit.
Instacart started trading Tuesday, opening at $42 per share and propelling the grocery-delivery company to a market valuation of just over $11 billion.
But Instacart’s order volume was virtually flat between the first half of this year (132.9 million) and the first half of last year (132.3 million), despite a rise in revenue per order. The only ...
Instacart sold 22 million shares for $30 each during its initial public offering Monday, totalling $660 million, multiple outlets reported—the second market launch this week that signals the ...
Instacart competes in a crowded market and could go public at a time when grocery budgets remain under pressure Last Updated: Sept. 18, 2023 at 8:48 p.m. ET First Published: Sept. 5, 2023 at 11:53 ...
Instacart’s three cofounders cashed in about $100 million from the IPO while firms who bought into InstaCart’s 2021 funding round dealt with a near 70% unrealized loss.
Instacart was founded in San Francisco in 2012 by Apoorva Mehta, now 37; Max Mullen, 37; and Brandon Leonardo, 38. Mr. Mehta, the company’s chief executive at the time, ...
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