Tag Archives: Instacart

The Billion Dollar Race of Instacart and Postmates (vs. Uber and Amazon)

Both Instacart and Postmates recently raised new capital. Postmates had a hard(er) time with its latest round. Bloomberg: The co-founder and chief executive officer of Postmates Inc. was trying to pitch a food delivery business to investors, just as venture capitalists were tightening their belts and cash-burning delivery startups were falling out of favor globally. “It was a super, […]

Instacart May Prove That Grocery Delivery is not Sustainable as a Stand-Alone Service

Instacart, the San Francisco based grocery delivery startup, is showing some struggles, which may not come too surprising to long-time readers. Instacart makes money by charging customers a delivery fee as well as marked up products from some stores. This direct, unsubsidized approach is problematic. Quartz: In January 2015, the company capped a period of […]

Re/code: “Whole Foods to Invest in Instacart, Signs New Multi-Year Delivery Deal”

According to sources from Re/code, Whole Foods and Instacart are preparing a close partnership. Jason Del Rey at Re/code: The $10 billion national grocery store chain is making an investment in the four-year-old delivery startup, according to multiple sources. The size of the deal could not be learned, but sources say the deal is essentially done, […]