Instacart has lowered its forward guidance thanks to a crowded grocery delivery market and growing consumer discomfort.
The pilot, which offers delivery past store hours, enlists Instacart workers to fill orders out of a fulfillment site in ...
Instacart shares plummeted 12%, their worst day on record, after missing on revenue and issuing lackluster guidance.
3. DoorDash (NASDAQ:DASH) and Uber: Expanding their offerings to include grocery delivery, potentially eroding Instacart's market share. These competitors have more flexibility to address ...