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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]
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]
Maplebear Inc (NASDAQ:CART) shares are trading lower in premarket Wednesday after the company reported third-quarter financial results. Revenue of $852.0 million exceeded the consensus of $844.1 ...
Prior to joining Instacart, Simo was the Vice President and Head of the Facebook app. [7] Over the course of her decade at Facebook, she oversaw the development and strategy for the Facebook app, including News Feed, Stories, Groups, Video, Marketplace, Gaming, News, Dating, Ads and more.
Instacart on Monday priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company. San Francisco-based Instacart sold 22 million shares in the IPO.
The company included a provision in its S-1 filing where, if the stock trades at more than 120% of its IPO price for five of at least 10 consecutive trading days (one of which must be after ...
Caper is a software technology company that develops and deploys AI-powered automated checkout devices [5] as well as AI-based software applications [6] [7] for retailers, grocers, convenience stores and other general merchandising store formats. [1] [8] [9] Caper AI was established in 2016 by Lindon Gao, York Yang, Yilin Huang and Ahmed Beshry.
Meanwhile, a more promotional environment could hit the company's profitability as it tries to lure in more users. An Instacart shopper fulfills an order at a Wegmans in Washington, D.C., on Oct ...