(Bloomberg) Instacart Inc. is planning an initial public offering as soon as September, according to people familiar with the matter, adding to a potential rebound for US listings.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Ra
(Bloomberg)
Instacart Inc. is acquiring Caper AI, a startup that makes self-checkout shopping carts, for $350 million in cash and stock in an effort to tap more areas of growth ahead of the online grocery giant’s anticipated public stock offering.
Instacart Inks Deal with Startup to Use Robots in Warehouses bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Instacart Expands Online Food-Stamp Payments, Challenging Rivals
Jackie Davalos, Bloomberg News The Instacart website , Bloomberg
(Bloomberg) Instacart Inc. is increasing the number of stores where it accepts online payments for Supplemental Nutrition Assistance Program participants, moving the online grocery delivery giant into competition with Amazon.com Inc. and Walmart Inc.. for a growing pool of consumers using federal assistance to buy food online.
The San Francisco-based startup is partnering with three retailers, Publix Super Markets Inc., The Save Mart Companies and Golub Corp.âs Price Chopper/Market 32, to allow Electronic Benefits Transfer (EBT) payments in more than 1,500 additional U.S. stores. The expansion is about a 60% increase in availability for SNAP online purchasing through Instacart, which began in October with a partnership with ALDI.