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The Instacart logo is a simplified carrot. Logo since 2022. Maplebear Inc., [2] doing business as Instacart, is an American delivery company based in San Francisco that operates a grocery delivery and pick-up service in the United States and Canada accessible via a website and mobile app. [4]
The company was founded in 2016 by Lindon Gao, York Yang, Yilin Huang and Ahmed Beshry [2] with its main office based in New York. [12] Since its inception, the company focused on the development of automated checkout software to grocery retailers. Caper AI closed its series A round of funding for US$10 million in 2019.
A conglomerate is a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are typically large and multinational corporations that manage diverse business operations across various sectors.
Lane Bryant – Lena Bryant (first name misspelled by a bank officer when she opened her company's first bank account) Larousse – Pierre Larousse; Larrousse – Gérard Larrousse; Lauda Air – Niki Lauda; Lavazza – Luigi Lavazza; Laverda – Pietro Laverda; Lay's – Herman Lay; Lazard – Alexandre Lazard, Simon Lazard, and Elie Lazard
Apoorva Mehta (born 1986) is a billionaire Canadian-American businessman and the founder of Instacart and Cloud Health Systems. [1] [2] As of September 2023 he had a net worth of $1.3 billion, owing to his 10% ownership share of Instacart and his stake in Cloud Health Systems. [3]
The company was founded on February 16, 1935, by Thomas P. Raley in Placerville, California, as Raley's Drive-In Market. [3] Raley ran the company until his death on December 27, 1991, at the age of 88. [4] Raley's purchased Bel Air Markets in 1993, Nob Hill Foods in 1997 and Scolari's Food & Drug Company in 2018.
The company's first two stores in Arizona opened on April 1, 2012, in the Phoenix area. [27] The company opened multiple locations in Texas, primarily in the Dallas–Fort Worth area, beginning in 2014 after it completed a distribution center in the area. [28] [29] WinCo was named as the sponsor for the WinCo Foods Portland Open in June 2013. [30]
Fidji Simo (born 5 October 1985) [1] is a French-American [2] businesswoman and the CEO and Chair of Instacart. [3] Before Instacart, she spent a decade at Facebook where she was one of the top executives as the Head of Facebook. [4]
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