Instacart’s Grocery Partnerships Are No Free Lunch Delivery company’s success depends on how happy its supermarket customers are By Jinjoo Lee Follow Sept. 14, 2023 7:00 am ET ...

Maplebear Inc.'s stock was up by 3% in premarket trading on Tuesday after the company, known for the grocery-delivery app Instacart, said it inked a delivery partnership with Uber Technologies Inc.

The partnership represents "a threat to DoorDash," Uber CEO Dara Khosrowshahi told Bloomberg. It's also the latest way that Instacart is expanding its business beyond grocery delivery.

“Through this partnership, Instacart customers now have access to both the best online grocery selection in the U.S. and restaurant delivery, making it even easier for them to conveniently ...

Instacart stock jumped following Maplebear's Q2 earnings report, which showed 11% sales growth for the grocery-delivery app.

Albertsons initially launched nationwide delivery with Instacart in late 2017 and first piloted in-store pickup supported by Instacart in 2021. The expanded partnership includes: ...

Instacart provides delivery and pickup from 85% of U.S. grocers, or more than 80,000 stores, using a network of 600,000 freelance shoppers. It says it has 7.7 million active customers and much ...

Instacart's forward price-to-earnings ratio for the next 12 months, a common benchmark for valuing stocks, is 26.47, compared to Uber's 37.75 and DoorDash's (DASH.O) 131.70, according to LSEG data.

Partnership gives Instacart customers easy access to food delivery from hundreds of thousands of Uber Eats restaurant partners across the U.S. Instacart+ members now get even more value, with $0 ...

The grocery delivery company started its initial public offering roadshow on Monday, with a targeted valuation below $10 billion, down from the $39 billion it fetched in a funding round in 2021.