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The Latest Breaking News from Instacart

As Phoenix swelters, the nights are even worse than the boiling days

Temperature topped 110F on four consecutive days and has not fallen below 80F at night-time for the past week in the Arizona city, breaking several records

The Guardian - US

Instacart Filtering Out Customers Who Rate Products Below Five Stars

Instacart Filtering Out Customers Who Rate Products Below Five Stars

The platform has new plans for hard-to-please customers.

Seattle City Council to consider ‘Pay Up’ measures to address gig worker pay, rights

SEATTLE — Since 2017, Jay Reeves has been working as a delivery driver for either Postmates or DoorDash, working, at times, seven days a week.

Tribune News Service

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Instacart IPO Has Potential To Kick-Start A Battered Market

The Instacart IPO, submitted as a confidential filing, could provide a much-needed boost for initial public offerings.

Investors Business Daily

Morning Brief: Top Financial Stories Dominating on Thursday, May 12

CNBC Instacart Confidentially Files For US IPO

Instacart Confidentially Files For US IPO

Grocery delivery platform Instacart has confidentially submitted a draft registration statement on Form S-1 with the U.S. SEC. The company was valued at $39 billion in March 2021, but the valuation got slashed by 40% to $24 billion due to technology stocks’ sell off in 2022, CNBC reported. The company got a major boost during…

Morning Brief: Top Financial Stories Dominating on Monday, May 9

CNBC Ford Motor Selling 8M Shares Of Rivian Automotive

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Woman sparks debate after complaining her Instacart shopper is a man

Woman sparks debate after complaining her Instacart shopper is a man

‘I’d just cancel the whole order’

The Independent UK

Latest apps promise fast service but can they deliver?

Latest apps promise fast service but can they deliver?

Venture capitalists have poured billions into the latest pandemic delivery craze: companies that promise to get you a bottle of Tylenol, an iced coffee, hummus, a cucumber and a roll of paper towels

The Independent UK

‘Pattern’ of gig worker murders reveals safety gaps: labour group

‘Pattern’ of gig worker murders reveals safety gaps: labour group

More than 50 US gig workers have been murdered while working since 2017, according to a report by a US labour group.

Instacart will now pay shoppers for cheated tips (sometimes)

Instacart will now pay shoppers for cheated tips (sometimes)

The company will need to provide much more than $10 tip reimbursement to satisfy gig workers.

2 Surging Specialty Retail Stocks, With More Room to Run

2 Surging Specialty Retail Stocks, With More Room to Run

Rising discretionary spending with the economy's recovery is driving the specialty retail industry’s growth, despite the rising inflation and supply chain disruptions. Therefore, it could be wise to invest in winning retail stocks, ODP Corp.(ODP) and Live Ventures (LIVE), which still have plenty of upside left.

Instacart Signals End of Pandemic Economy by Slashing Its Valuation

Instacart Signals End of Pandemic Economy by Slashing Its Valuation

The delivery service has been an investor darling with the pandemic but things are changing as the economy reopens.

Instacart Cuts Valuation By 40%: Bloomberg

Instacart Cuts Valuation By 40%: Bloomberg

American grocery company Instacart Inc has slashed its valuation by 40% to about $24 billion, Bloomberg reported. The food-delivery startup had been valued at $39 billion in its most recent fundraising round, the report added. The pandemic darling hoped the move to boost talent retention. Factors like higher interest rates, inflation, and a…

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Here Are All the Companies Adding a Fuel Surcharge

Uber, Lyft and Instacart have all added a fuel surcharge to orders on their platforms this week.

Instacart Partners With Office Depot To Offer Same-Day Delivery

ODP Corp (NASDAQ:ODP) said its wholly-owned subsidiary, Office Depot, has partnered with the online grocery platform, Instacart. Under the agreement, the parties will offer same-day delivery from more than 1,000 Office Depot and OfficeMax stores across the U.S. More than 70 million U.S. households can shop from office and school supplies from Office Depot through…

Tribune News Service

Seattle eviction ban has lifted, and landlords are taking action

SEATTLE — Trevor Rigdon has a plan for the next week: Pick up as many Instacart and DoorDash trips as he can, looking to average 10 to 12 hours of work each day.

The Independent UK

Instacart donates $50,000 to family of worker killed in shooting at Fred Meyer store

Justin Krumbah, 38, died on Monday after suspected gunman Aaron Christopher Kelly shot him multiple times in a supermarket aisle

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The Independent UK

Popular Instacart shopper killed in Fred Meyer shooting is remembered as ‘breath of fresh air’ by customers

Justin Krumbah, 38, spoke of his passion for his job on social media just weeks before he was shot dead in the Washington store

The Independent UK

Instacart shopper sparks debate over lengthy list of instructions from a customer

‘Go shop for your own food’

The Independent UK

Instacart shopper praised as ‘hero’ after emotionally recounting how she may have saved customer’s life

‘You were supposed to be there in that moment,’ one viewer writes

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