Instacart reportedly slashes internal valuation by 20% to $10B
For the fourth time this year, grocery delivery platform Instacart has cut its valuation, despite hints of an IPO.
For the fourth time this year, grocery delivery platform Instacart has cut its valuation, despite hints of an IPO.
A lawsuit filed in 2019 alleged
that the workers were misclassified
as independent contractors.
More than 300,000 current and former Instacart workers will receive a payout in the San Diego gig worker case.
Statement: ‘Protecting these workers from unfair, deceptive, and anticompetitive practices is a priority’
Instacart delivers
Grocery app Instacart is now delivering big and bulky items from Big Lots, Staples, Office Depot and more.
Some Massachusetts politicians are demanding answers from rideshare and delivery companies on efforts to extend health and safety protections to workers.
Grocery delivery firm Instacart is hoping to cash in on its value with a public stock offering.
Instacart and regional grocer Publix are partnering to debut the grocery delivery giant’s 15-minute offering in Miami.
A more holistic approach to last-mile delivery integrates and standardizes fulfillment operations under one platform, creating a seamless process for both the retailer and customer.