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Instacart
Founded in 2012, Instacart is an American technology company valued at nearly $8 billion that operates as a same-day grocery delivery and pick-up service in the U.S. and Canada, serving 20,000 different grocery stores across more than 5,500 cities.
Roblox, Digital-First Shopping, QR Codes Top This Week’s News
January 15, 2021
In this week’s news, we saw Roblox’s plans to go public through a direct listing, consumers’ preferences for a digital-first shopping experience and the rising popularity of quick-response (QR) codes. ...Why Trader Joe’s, Dollar General And Instacart Will Pay Workers To Get Vaccinated
January 15, 2021
Trader Joe’s, Dollar General and other companies that employ thousands of front-line hourly or gig workers have announced plans to pay bonuses to those who get the new COVID-19 vaccines.
“We ...Few (Though Intriguing) Shifts In Latest Provider Ranking Of Aggregator Apps
January 12, 2021
Aggregators like to aggregate, clearly. They do it better than ever these days. And as goes the business of platform aggregators, so goes PYMNTS’ latest Provider Ranking of Aggregator Apps.
In ...Instacart Leads Debate Over Gig Economy Employee Vaccine Eligibility
January 11, 2021
How much has grocery shopping changed since the pandemic started? There’s plenty of data from the consumer side as they have flocked to digital-first options. Less obvious are the changes ...Gig Apps Enabling Crucial Workforce Connections In 2021
January 7, 2021
In the humming world of gig apps, three variations dominate. There’s the platform model, where contractors create profiles and upload portfolios; we’ve got the on-demand type (think restaurant mobile order-ahead ...Goldman's Giovanni Joins Instacart As New CFO
January 7, 2021
As it reportedly readies for an initial public offering (IPO) led by Goldman Sachs, Instacart named a veteran of the investment bank as its new chief financial officer.
Nick Giovanni will succeed ...Today In Retail: Walmart Unveils Carrier Pickup Service For Returns; Dick’s Sporting Goods Teams With Instacart For Same-Day Delivery
December 21, 2020
In today’s top retail news, Walmart shoppers can return items that are bought through the web and are shipped and sold by Walmart.com without needing to leave their residences, while ...Gig Apps Keeping Working Through Pandemic
December 18, 2020
America’s job market was firing on all cylinders, until suddenly it wasn’t. Now it’s 10 months gone to COVID — along with a few million jobs — and folks are ...Dick’s Sporting Goods Partners With Instacart For Same-Day Holiday Delivery
December 18, 2020
Dick’s Sporting Goods is teaming up with Instacart for same-day delivery at 150 store locations, Instacart announced in a press release on Friday (Dec. 18).
The service went live on Instacart’s ...Consumers Will Pay Increased Fees To Offset California Gig Worker Benefits
December 14, 2020
Gig workers for Uber and others in California will start getting benefits, but consumers will pay the price in additional fees, the Financial Times (FT) reported Monday (Dec. 14).
Proposition 22, ...Citing Busiest Year Ever, Instacart Spiffs Shopper Community
December 11, 2020
At a time of record growth and competition between grocery delivery services, Instacart has announced plans to give holiday bonuses of $50 to $500 to its “shoppers” — the gig ...Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2
December 3, 2020
The dishes are cleared, the leftovers are largely eaten and the world of grocery shopping is settling down to normal as Thanksgiving week 2020 passes into memory, (or at least ...Midwest Retailer Meijer Signs With Instacart For Grocery Delivery
December 3, 2020
Online delivery platform Instacart is teaming up with regional Midwest retailer Meijer to provide same-day delivery of groceries.
“Customers rely on Instacart to get the groceries and goods they need from ...Instacart Joins Forces With Best Buy To Roll Out Same-Day Delivery
November 17, 2020
Instacart and Best Buy are teaming for a new service to offer same-day delivery for Best Buy items nationwide, a press release announced.
According to the release, the service will apply ...Today In Payments: People Keep Saving Despite Low Interest Rates; Instacart IPO Could Come In Early 2021
November 13, 2020
In today’s top news, people are still stocking their savings accounts despite low interest rates, and Instacart could file an IPO in early 2021. Plus, Amazon is expanding its in-garage ...Instacart IPO Could Come Early 2021 With $30B Valuation
November 12, 2020
Instacart is reportedly preparing for an initial public offering (IPO) led by Goldman Sachs, according to Reuters, which cited people “familiar with the matter.”
The IPO could value the delivery app ...Gig Apps Space Heating Up As Vaccine Rumors Swirl
November 10, 2020
The PYMNTS Gig Economy Index has found that while 84 percent of gig workers would do more work if they were paid faster, 17 percent of gig workers lost up ...Today In Payments: Uber, Lyft Lose AB5 Appeal; FTC Commissioners Weigh Facebook Antitrust Suit
October 23, 2020
In today’s top news, Uber and Lyft must reclassify their drivers as employees, and FTC commissioners are in favor of pursuing an antitrust suit against Facebook. Plus, PayPal eyes buying ...Grocery Round-Up: SNAP’s Delivery Expansion, Amazon’s No Charge Pick-ups And The Store Building Binge
October 22, 2020
Another busy week in the rapidly digitizing world of grocery with a focus this week on making digital grocery orders more accessible to all coming in new upgrades to Whole Foods pickup and ...Instacart Enables EBT SNAP Payments For ALDI
October 22, 2020
Instacart has teamed with ALDI to debut EBT SNAP payments for same-day eCommerce supermarket delivery and pickup to bolster access to those services, according to a Thursday (Oct. 22) announcement.
EBT ...Today In Payments: China Trials Digital Yuan By Giving Away $1.5M; EU Puts 20 Firms On Regulatory Hit List
October 12, 2020
In today’s top news, China is giving away $1.5 million to test the digital yuan, and the EU is compiling a list of 20 tech companies to hit with stricter ...Report: Instacart Talks To Bankers About An IPO
October 11, 2020
Representatives of grocery-delivery powerhouse Instacart have met with investment bankers to explore taking the company public, the Financial Times (FT) reported.
News of the potential public offering comes as Instacart announced ...Grocery Round-Up: Instacart’s Big Valuation Jump, Kroger’s Ghost Kitchens And Grocery Deals Come To Prime Day
October 9, 2020
Another busy week in grocery as it seems the pace kicked up in the race to capture the consumer’s grocery dollar. Instacart saw its valuation double to just over $17 ...Instacart Value Skyrockets To $17.7B With $200M Funding Round
October 8, 2020
Unicorn delivery app Instacart has raised $200 million as part of a new financing round, which upped the company’s valuation to $17.7 billion, the Silicon Valley startup announced on Thursday ...Mastercard, Instacart To Provide Grocery Delivery Benefits To Cardholders
October 1, 2020
Shoppers who use a U.S.-issued Mastercard to pay for groceries delivered by Instacart are being offered a way to save money, the New York-based global financial services corporation said in ...Gig Apps Work It In Latest Provider Ranking
September 30, 2020
In a bid to add clarity around booming freelance markets, PYMNTS has reported on the U.S. Department of Labor recently offering guidelines and even “tests” that help determine whether a worker ...Why Instacart, DoorDash And Other Delivery Firms Are Moving Beyond Just Food
September 29, 2020
If the holiday shopping season is divided into two groups — those who love to go shopping vs. those who don’t — the latter looks set to enjoy more opportunities ...Instacart To Offer Same-Day Delivery Of Sephora Products
September 24, 2020
As customer demand increases, Instacart, the San Francisco-based grocery delivery service, announced on Thursday (Sept. 24) a partnership with Sephora to offer same-day delivery from most of its stores.
The Paris-headquartered retail ...Today In Payments: Barr Plans To File Google Antitrust This Month; Instacart Announces Deal With 7-Eleven
September 4, 2020
In today’s top news, U.S. Attorney General William Barr plans to file an antitrust case against Google this month, and Instacart announced a deal with 7-Eleven. Plus, Apple delays an ...Instacart Pushes Into Convenience Store Market With 7-Eleven Deal
September 3, 2020Instacart, which has made a name for itself delivering groceries from the big supermarket chains, is now moving into the convenience store sector.
On Thursday (Sept. 3), Instacart announced its first ...Today In Payments: Facebook Calls Out Apple; DC AG Sues Instacart
August 28, 2020
In today’s news, Facebook called out Apple on its fee structure and transparency, and D.C.’s attorney general is suing Instacart for pocketing tips meant for drivers. Plus, Klarna reported mixed ...Grocery Roundup: Amazon Opens First Amazon Fresh Store And DoorDash Adds Grocery Delivery
August 28, 2020
Amazon won the big headlines this week in the grocery world with its launch of the first brick-and-mortar Amazon Fresh grocery shopping location. It’s just the latest move in the growing ...DC Attorney General Sues Instacart Over Fees Customers Thought Were Tips
August 27, 2020
The attorney general for the District of Columbia alleges in a lawsuit filed on Thursday (Aug. 27) that Instacart made substantial sums in the city by tricking customers into thinking ...Address Verification, D2C Shopping, Google's Transition To SAP Ariba Top This Week's News
August 14, 2020
It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have ...Today In Payments: COVID Hit UK Hard; Amex Negotiating To Buy SMB Lender Kabbage
August 12, 2020
In today’s top news, the impact of the pandemic has hit the U.K. harder than other developed countries, and Amex is eying an acquisition of small and medium-sized business (SMB) ...Instacart-Walmart Delivery Pact Heats Up Online Grocery Wars
August 11, 2020
The great digital shift — and the evolution of how we get our food from grocers’ aisles to table — has spurred a number of strategic partnerships aimed at cementing ...Walmart, Instacart Partner On Same-Day Delivery To Battle Amazon's Whole Foods
August 11, 2020
Walmart Inc. and Instacart have teamed up to offer same-day delivery in select U.S. markets as the battle against Amazon and Whole Foods Market intensifies, CNBC reported.
The service is being tested ...Deep Dive: Adapting Worker Payments To The On-Demand Era
August 3, 2020
Some accounts say Roman soldiers were periodically paid for their labors in salt, and while compensation methods have evolved considerably since then, the concept of lump periodic payments has endured.
Numerous ...Instacart Plans To Lay Off Some Of Its Shoppers
July 30, 2020
Select part-time Instacart workers who are in-store shoppers are having their positions cut due to at least two of the company’s partners — Sprouts and ALDI — choosing to have ...Instacart Blames Reused Passwords For Account Hacks
July 24, 2020
Instacart, the U.S. and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark ...