Instacart's leading position in online grocery and projected 15% CAGR in operating income through 2027 underline its growth ...
Also, a 1% drop in average order value seems bad, but it's because the company dropped its $35 minimum order down to $10 and also because Instacart now offers restaurant orders. And finally ...
The company has stepped up its focus on gear such as smart carts and electronic shelf labels, although it still derives most of its revenue from its legacy grocery e-commerce business.
Instacart parent company Maplebear also gave mixed guidance ... The gross transaction value processed by Instacart's marketplace grew 10% to $8.65 billion. Analysts were projecting $8.62 billion ...
More than 7,000 companies will soon have the ability to extend a single ad campaign across Instacart’s online and in-store ...
“We use AI in everything that we do across the business,” Simo told investors. Instacart has also used AI to tag all ... representing 2.9% of gross transaction value. “[We]’re constantly tuning our AI ...
Instacart (CART) announced a suite of new AI-powered automation tools designed to drive ad campaign performance and help brands of all sizes ...