Instacart

Grocery delivery platform Instacart is now valued at $14 billion after raising $225 million in a new funding round led by DST Global and General Catalyst. What Happened: Instacart plans to use its new cash to support shoppers and partners and expand initiatives in advertising and enterprise. The...

Grocery delivery platform Instacart said Thursday that it will expand its partnership to deliver prescriptions to Costco Wholesale Corporation's (NASDAQ: COST) customers. Instacart Prescriptions Kick Off In California, Washington Instacart's pilot program will deliver prescriptions and...

Grocery giant Kroger Co (NYSE: KR) and third-party delivery platform Instacart each announced updates this week on how they're navigating the coronavirus pandemic.  Kroger Leverages Tech System Kroger announced that as of Tuesday it will use technology to limit the number of customers...

It may be just a one-day thing, it may just be coincidence, it might not have happened if not for COVID-19. But the tensions inherent in the gig economy are coming to the forefront on March 30. Two labor actions in New York –  one against Instacart, the other against Amazon.com, Inc. (NASDAQ: AMZN...

Instacart's gig-workers appear to be set on striking after declaring the company's proposals to be "insulting" and "a sick joke," the Gig Workers Collective & Instacart Shoppers group wrote in a Medium post. What Instacart Workers Want  Instacart's...

Online grocery same-day delivery and pickup platform Instacart helped the grocery industry create 23,000 new jobs and $620 million in incremental revenue across just four states, according to a study by Dr. Robert Kulick of NERA Economic Consulting. What Happened Instacart's online platform...

Instacart thinks it found a way to stick out in the food delivery business by providing consumers with a cheaper option through grocery stores. What Happened Instacart announced Thursday the launch of Instacart Meals which gives consumers the option of ordering specialty counter items found in...

Four Silicon Valley giants that depend upon the gig economy to run their business have teamed up together to launch a statewide campaign against California’s AB 5 law. What Happened A union of businesses — including Uber Technologies Inc (NYSE: UBER), Lyft Inc (NASDAQ: LYFT), DoorDash...

In the last two weeks, Instacart has expanded its reach through deals with Kroger Co (NYSE: KR), SUPERVALU INC. (NYSE: SVU) and Albertsons. The proliferating partnerships may herald a simple expansion of Instacart’s grocery delivery service, or they may represent an effort to buffer business...

This article was first published on Medium. There is a lot of coverage of the companies that have reached valuations of over a billion dollars. Many of these companies were not always fast growing businesses. At Shasta Ventures, we focus on investing at the early stage, so we studied 32 high...

Whole Foods Market, Inc. (NASDAQ: WFM) came out with better than expected results for the first half of fiscal year ’15, which sent the company’s shares soaring Thursday. It posted record total sales of $4.7 billion, while EPS was slightly higher at $0.47 than analysts’...