Instacart, founded in 2012, has quickly become a leading online grocery delivery platform. It offers customers a convenient way to order groceries and deliver them right to their doorstep. With a vast network of retail partners and independent contractors, Instacart has revolutionized how people shop for groceries. While Instacart has gained immense popularity, they’re not […]
Is Instacart Profitable? Despite initial years of unprofitability, Instacart achieved its first profitable month in April 2020 during the coronavirus pandemic (eventually raking in $50 million in profit that year). While the company is somewhat secretive concerning its profits, it did report a positive net income of over $100 in the fourth quarter of 2022, […]
The concept of the Instacart business model has been developed around the purpose of simplifying grocery shopping for people who have a busy life because they can choose all their groceries from wherever they may be. Instacart is now the top grocery delivery service in the U.S., valued at over $17 billion. A brief history […]
