Instacart reports Q4 revenue up 12% YoY to $992M, vs. $974M est., gross transaction value up 14% YoY to $9.85B, and gives strong Q1 guidance; CART jumps 15%+
Instacart shares climbed 14% during extended trading on Thursday after the grocery delivery company reported strong fourth-quarter revenue and forecast upbeat guidance.
Instacart reports Q4 revenue up 12% YoY to $992M vs. $974M est., gross transaction value up 14% to $9.85B, gives strong Q1 guidance; CART jumps 14%+ after hours
Instacart shares climbed 14% during extended trading on Thursday after the grocery delivery company reported strong fourth-quarter revenue and upbeat guidance.
Costco will use Instacart's white-label e-commerce service to offer grocery delivery in Spain and France, extending their partnership beyond North America
Costco will use Instacart's white-label e-commerce service to offer grocery delivery in Spain and France, extending their partnership beyond North America
Costco Wholesale Corp. will use Instacart's technology to power online grocery ordering in Spain and France, extending …
Comparing ChatGPT's mini-apps with native iOS apps: some like Uber, OpenTable, and TripAdvisor fell short with frequent error messages, but Instacart did well
Rolfe Winkler / Wall Street Journal :
Instacart scraps all item price tests after customer pushback, and won't charge different prices for the same items bought from the same store at the same time
Company says retailers will no longer be able to use Eversight technology to run item price tests on Instacart
Instacart will pay $60M to settle FTC allegations that it used deceptive tactics in its subscription signup and “satisfaction guarantee” advertising
Technology — The Big Story — Senators introduce bill to sunset tech liability shield Jody Godoy / Reuters : Sources: the US FTC is investigating Instacart's AI pricing tool, after a study showed d...
Sources: the US FTC is investigating Instacart's AI pricing tool, after a study showed different prices for the same items at the same stores; CART drops 8%+
The U.S. Federal Trade Commission is probing Instacart (CART.O), two sources familiar with the matter told Reuters …
Study: 193 Instacart users across four US cities saw different prices for the same items from the same store at the same time; Instacart says it's running tests
The findings are the latest example of how the notion of a single price is breaking down in the digital age, a trend economists say could be pushing up some prices.
OpenAI and Instacart launch a grocery shopping experience inside of ChatGPT, letting customers brainstorm meal ideas and check out via OpenAI Instant Checkout
Amanda Silberling / TechCrunch :