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Recent Articles
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Uber Eats to accept SNAP benefits for groceries in 2024; news follows the nationwide rollout of SNAP acceptance at competitor Instacart
Published:
September 22, 2023
by Supermarket News
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BTIG rates Instacart at neutral after IPO, warns of heavy competition from DoorDash, Uber in expanding market of grocery delivery; weak stock performance since market debut add to doubts whether revival in IPOs will happen after drought of 18 months
Published:
September 22, 2023
by Reuters
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Instacart shares rise 12.7% in NASDAQ debut, closing at US$33.80; CNBC reports the offering earned company over US$420M
Published:
September 20, 2023
by Supermarket News
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Needham initiates coverage of Instacart with hold rating, expects slowed growth due to changing grocery market, heightened competition; US online grocery sales saw annual growth rate of 60% from 2019 to 2022, but figure could drop to 12%/year until 2025
Published:
September 20, 2023
by Investing.com
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Instacart prices initial public offering of 22,000,000 shares of its common stock at US$30.00/share
Published:
September 18, 2023
by Instacart Inc.
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