Instacart is today launching a new feature aimed at allowing shoppers to access their earnings more quickly, the company announced this morning. Instant Cashout, as the option is called, was built in partnership with payments platform Stripe and is being made available to shoppers in-app for instant transfers to a debit card. Previously, workers would […]
View More Instacart rolls out an Instant Cashout feature for shoppersCategory: Apoorva Mehta
Daily Crunch: Instacart CEO apologizes
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Instacart CEO apologizes for tipping debacle On the heels of a recently filed class-action lawsuit over wages and tips, as well […]
View More Daily Crunch: Instacart CEO apologizesInstacart and Amazon-owned Whole Foods are parting ways
You won’t be able to order Whole Foods groceries on Instacart soon.
View More Instacart and Amazon-owned Whole Foods are parting waysInstacart raises another $600M at a $7.6B valuation
D1 Capital Partners has led the $600 million round for Instacart.
View More Instacart raises another $600M at a $7.6B valuationInstacart expands ALDI partnership
After pilot programs in Atlanta, Dallas, Los Angeles and Chicago were “overwhelmingly positive,” per Instacart CEO Apoorva Mehta’s statement, the grocery delivery service has decided to expand its partnership with U.S. grocer ALDI. As of Thanksgiving, Instacart users in 35 states and 5,000 ZIP codes will be able to fill their virtual carts with ALDI […]
View More Instacart expands ALDI partnershipInstacart’s chief growth officer Elliot Shmukler is leaving
Elliot Shmukler, who joined Instacart in 2016 to lead product, is leaving the company to pursue early-stage investments, TechCrunch has learned — and confirmed with the grocery delivery service. Shmukler was brought on as the company’s VP of product, but he’d recently transitioned into a new role, chief growth officer, before announcing his departure to […]
View More Instacart’s chief growth officer Elliot Shmukler is leaving