Earlier this month, Amazon began offering one- and two-hour Whole Foods deliveries through its Prime Now service. Now, Walmart fighting back. Its membership warehouse club, Sam’s Club, announced today a partnership with Instacart which allows shoppers to order groceries and other household goods for same-day delivery. The partnership is kicking off with launches in Austin, Dallas-Fort… Read More
Category: Instacart
Equity podcast: Uber’s losing billions, Amazon lays off hundreds and somehow Instacart gets more money
Welcome to “Equity,” TechCrunch’s venture capital and tech business podcast. On this week, we were joined by Mike Ghaffary from Social Capital, who was the perfect guest because he used to run Eat24, when it was Yelp’s food delivery business. Food delivery is highly relevant to this week’s news. First up, we talked about Uber, which is losing lots of money in Asia… Read More
Instacart has raised another $200M at a $4.2B valuation
Despite plenty of uncertainty swirling around Instacart and its complex relationship with Whole Foods — now owned by Amazon — investors still seem to not be too worried, and are pouring a fresh big round of financing into the startup that values it at $4.2 billion. Instacart said it raised $200 million in a new funding round this morning led by Coatue Management, as well… Read More
Instacart acquires Toronto-based Unata
Instacart has today announced the acquisition of Unata, a Toronto-based company that offers a platform for both grocers and consumers to interact digitally. The terms of the deal were not disclosed. Unata’s product, unlike Instacart’s, is a white-label grocery platform, letting grocers anywhere create apps and websites for consumers to order products, complete with coupons,… Read More
Robomart is the latest startup to try and unseat the local convenience store
The startup assault on the humble neighborhood store continues to intensify.
First came Bodega, the terribly named, and mostly misguided startup with its mission to bring the non-perishable necessities available at the corner store to the masses and “disrupt” the corner store.
Now there’s Robomart, which wants to bring the groceries, baked goods and prepared foods of the… Read More
Instacart promotes Sarah Mastrorocco to new position of VP of Business Development
Instacart is going through some growing pains right now, with Amazon buying Whole Foods this summer and target picking up Alabama-based Shipt in the last week. But growing pains come for a reason — the on-demand grocery delivery platform is getting bigger, just recently signing a deal with the third-largest grocery retailer in North America, Albertsons. Primary credit for that goes to… Read More
Instacart signs deal with Albertsons
Instacart has inked a deal with Albertsons to offer same-day delivery from the grocery store chain.
The deal will include 1,800 of Albertsons stores across the country by mid-2018, helping Instacart deliver on its promise to be available in 80 percent of markets across the U.S. by the end of 2018.
This isn’t Albertsons first foray into the tech space. Earlier this year, the company… Read More