Instacart's leading position in online grocery and projected 15% CAGR in operating income through 2027 underline its growth ...

Instacart has lowered its forward guidance thanks to a crowded grocery delivery market and growing consumer discomfort.

The grocery technology company saw total revenue, number of orders, gross transaction volume and transaction revenue all post double-digit gains during the quarter.

The technology company aims to use AI to scan shelves, with plans to test the capability on videos taken by workers and from its Caper Carts.

With such advancements, the shopping experience for the consumer becomes seamless, increasing customer loyalty and market penetration for these online grocery stores. Dec 2023, Instacart ...

With a network of about 8 million monthly active customers and over 600,000 drivers, Instacart’s grocery delivery platform boasts a strong presence across the United States. The firm benefited ...