Instacart has lowered its forward guidance thanks to a crowded grocery delivery market and growing consumer discomfort.
While its business has now evolved beyond simply providing online delivery, Instacart’s newly expanded role in the grocery ecosystem couldn’t have existed without that first step, which involved not ...
Instacart shares plummeted 12%, their worst day on record, after missing on revenue and issuing lackluster guidance.
3. DoorDash (NASDAQ:DASH) and Uber: Expanding their offerings to include grocery delivery, potentially eroding Instacart's market share. These competitors have more flexibility to address ...