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The Latest Breaking News from Instacart

Morning Brief: Top Financial Stories Dominating on Thursday, May 12

CNBC Instacart Confidentially Files For US IPO

Instacart Confidentially Files For US IPO

Instacart Confidentially Files For US IPO

Grocery delivery platform Instacart has confidentially submitted a draft registration statement on Form S-1 with the U.S. SEC. The company was valued at $39 billion in March 2021, but the valuation got slashed by 40% to $24 billion due to technology stocks’ sell off in 2022, CNBC reported. The company got a major boost during…

Morning Brief: Top Financial Stories Dominating on Monday, May 9

Morning Brief: Top Financial Stories Dominating on Monday, May 9

CNBC Ford Motor Selling 8M Shares Of Rivian Automotive

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Woman sparks debate after complaining her Instacart shopper is a man

‘I’d just cancel the whole order’

The Independent UK

Latest apps promise fast service but can they deliver?

Venture capitalists have poured billions into the latest pandemic delivery craze: companies that promise to get you a bottle of Tylenol, an iced coffee, hummus, a cucumber and a roll of paper towels

The Independent UK

‘Pattern’ of gig worker murders reveals safety gaps: labour group

More than 50 US gig workers have been murdered while working since 2017, according to a report by a US labour group.

Instacart will now pay shoppers for cheated tips (sometimes)

The company will need to provide much more than $10 tip reimbursement to satisfy gig workers.

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2 Surging Specialty Retail Stocks, With More Room to Run

2 Surging Specialty Retail Stocks, With More Room to Run

Rising discretionary spending with the economy's recovery is driving the specialty retail industry’s growth, despite the rising inflation and supply chain disruptions. Therefore, it could be wise to invest in winning retail stocks, ODP Corp.(ODP) and Live Ventures (LIVE), which still have plenty of upside left.

Instacart Cuts Valuation By 40%: Bloomberg

Instacart Cuts Valuation By 40%: Bloomberg

American grocery company Instacart Inc has slashed its valuation by 40% to about $24 billion, Bloomberg reported. The food-delivery startup had been valued at $39 billion in its most recent fundraising round, the report added. The pandemic darling hoped the move to boost talent retention. Factors like higher interest rates, inflation, and a…

Instacart Partners With Office Depot To Offer Same-Day Delivery

Instacart Partners With Office Depot To Offer Same-Day Delivery

ODP Corp (NASDAQ:ODP) said its wholly-owned subsidiary, Office Depot, has partnered with the online grocery platform, Instacart. Under the agreement, the parties will offer same-day delivery from more than 1,000 Office Depot and OfficeMax stores across the U.S. More than 70 million U.S. households can shop from office and school supplies from Office Depot through…

Seattle eviction ban has lifted, and landlords are taking action

SEATTLE — Trevor Rigdon has a plan for the next week: Pick up as many Instacart and DoorDash trips as he can, looking to average 10 to 12 hours of work each day.

Tribune News Service

Instacart donates $50,000 to family of worker killed in shooting at Fred Meyer store

Instacart donates $50,000 to family of worker killed in shooting at Fred Meyer store

Justin Krumbah, 38, died on Monday after suspected gunman Aaron Christopher Kelly shot him multiple times in a supermarket aisle

The Independent UK

Popular Instacart shopper killed in Fred Meyer shooting is remembered as ‘breath of fresh air’ by customers

Popular Instacart shopper killed in Fred Meyer shooting is remembered as ‘breath of fresh air’ by customers

Justin Krumbah, 38, spoke of his passion for his job on social media just weeks before he was shot dead in the Washington store

The Independent UK

Instacart shopper sparks debate over lengthy list of instructions from a customer

Instacart shopper sparks debate over lengthy list of instructions from a customer

‘Go shop for your own food’

The Independent UK

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The Independent UK

Instacart shopper praised as ‘hero’ after emotionally recounting how she may have saved customer’s life

‘You were supposed to be there in that moment,’ one viewer writes

16 Tips and Tricks Aldi Shoppers Need to Know

For many shoppers who are serious about spending less on groceries, a trip to discount supermarket Aldi is a weekly ritual.

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