-
Instacart is a grocery delivery and pickup service that operates in the United States and Canada.
-
The company was founded in 2012 and is headquartered in San Francisco, California.
-
As of 2021, Instacart has over 600,000 shoppers who fulfil orders for customers.
-
The company partners with over 600 national and regional retailers, including Costco, Kroger, and Walmart.
-
In 2020, Instacart's revenue was estimated to be $35 billion, a significant increase from the previous year.
-
During the COVID-19 pandemic, Instacart experienced a surge in demand as more people turned to grocery delivery services to avoid in-person shopping.
-
As of 2021, Instacart is valued at over $39 billion and is considered one of the most successful startups in the United States.
-
The company has faced controversy over its treatment of shoppers, including allegations of low pay and inadequate safety measures during the pandemic.
-
Instacart has also faced criticism from some retailers who have expressed concern about the company's business model and impact on their bottom line.