Instacart, the leading online grocery platform in North America, today announced it has appointed Asha Sharma as Chief Operating Officer. Sharma joins the company in mid-February and will report directly to Instacart Founder and Chief Executive Officer Apoorva Mehta. …
The Series D financing will be led by Insight Partners, who also led the Series C round eight months ago, and Norwest Venture Partners. Imperfect Foods had triple digit growth in 2020 over the year prior, and exited the year with a revenue run rate in excess of $500M. …
Albertsons and some of its subsidiaries, including Vons and Pavilions, are discontinuing their in-house delivery services in parts of California and other states starting in February. The grocery chains will instead rely more heavily on third-party delivery apps, including DoorDash, to handle grocery deliveries. …
Island Pacific Supermarket with locations in California and Nevada, is the first Filipino supermarket chain to offer online shopping with same day grocery delivery and curbside pickup in the United States. …
Instacart, the grocery delivery service, is booming, with sales up 500 percent year-over-year and the company cruising to a $17.7 billion valuation. Their workforce—of mostly low-paid contract workers—has swelled to 500,000 people while the company has taken in $500 million in investment since March. And yet, somehow, Instacart is also losing unimaginable sums of money. …
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