Instacart Valuation Hits $ 13.7 Billion in Pandemic Investment

The new value matches the price Amazon.com Inc. paid to acquire Whole Foods in 2017 and is a significant jump from Instacart’s valuation in late 2018, which was $ 7.9 billion.

Instacart and Big Lots Partner to Launch Same-Day Delivery for Customers Nationwide

June 9, 2020 Instacart

Instacart, the North American leader in online grocery, and Big Lots, today announced the two companies have partnered to launch same-day delivery nationwide from nearly 1,400 Big Lots stores across all 47 states where the retailer operates.

Instacart and C&S Wholesale Grocers Partner to Offer E-Commerce Solutions to Network of Independent Grocers

June 4, 2020 C&S Wholesale Grocers

Instacart and C&S Wholesale Grocers announced the two companies have partnered to offer e-commerce and same-day delivery solutions to more than 3,000 C&S independent grocery retailers across the U.S.

Report: Coronavirus Grocery Delivery Demand Has Made Instacart Profitable For The First Time

April 29, 2020 Kris Holt, Forbes

Instacart expects to make a net profit of around $ 10 million in April, according to The Information. The eight-year-old company is said to have lost a total of $ 300 million last year.

Instacart Aims to Hire Another 250,000, Unveils Coronavirus Safety Test for Workers

Grocery delivery service Instacart is rolling out a number of new benefits and safety measures for workers as it prepares to hire another 250,000 “full-service shoppers.”