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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]
In September 2023, Instacart appointed Simo to succeed Apoorva Mehta as the Board Chair following the company's public debut initial public offering. [12] Under Fidji's leadership, Instacart broke the longest tech IPO drought in the last 20 years, listing under the ticker symbol CART on Nasdaq in September 2023. [13]
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 ...
On Friday, the company finally filed for its long-awaited IPO. In its filing, Instacart revealed it earned $2.5 billion in revenue and $428 million in profit last year. It referenced its past ...
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 made its first acquisition on March 2, 1988, with its purchase of Network Innovations. In 2013, Apple acquired thirteen companies. Apple's largest acquisition was that of Beats Electronics in August 2014 for $3 billion. [7] Of the companies Apple has acquired, 71 were based in the United States.
Instacart worker Jen Valencia shops the produce section at Wegman's grocery store in Woodbridge, N.J. on Aug. 26. (Michael Loccisano/Getty Images) Instacart has been valued at $17.7 billion with a ...
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