eCommerce platform Instacart
March 2nd, 2021. Instacart has raised $265m from its existing investors at a $39bn valuation. This comes ahead of a widely expected, but as yet unannounced, IPO. Nick Giovanni, Instacart CFO, is quoted in the announcement as saying "grocery is the world's largest retail category…
February 26th, 2021. Sprouts Farmers Market (NASDAQ: SFM) has announced its full year 2020 financial results, with annual sales up 15% to $6.5bn. Their ecommerce sales grew by 290% compared to 2019, to 11% of Q4 revenue, with 15% of those online sales now through…
The following shortlist of ecommerce platforms is a result of the five to ten ecommerce software selection projects I run each year for clients. It is a good starting point when considering what ecommerce platform might be the best choice for you. This shortlist includes…
February 2nd, 2021. Instacart has announced the appointment of Asha Sharma as its new Chief Operating Officer. Sharma will be responsible for the operation and growth of Instacart's key services including: Sharma was previously with Facebook, since 2017, most recently as its VP Product &…
January 23rd, 2021. Instacart, the grocery-focused ecommerce operations business, is laying off 1,877 employees who pick online orders from some of its partner grocery stores. The move is planned for March 2021. In a letter from Joseph Stantucci Jr. partner at lawyers Stinson LLP, Instacart…