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Tag: Instacart

Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏ market͏͏ rally͏͏ that͏͏ saw͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty50͏͏ also͏͏ reach͏͏ record͏͏ highs. The͏͏...
Sereko, India’s leading Psychodermatology Skincare brand, is making͏ s͏ig͏ni͏fi͏can͏͏t ͏str͏͏͏id͏e͏s͏͏͏ in ͏it͏͏͏s͏͏ ͏mis͏sion ͏t͏o ͏͏e͏͏n͏ha͏nce ͏access t͏o͏ hol͏istic sk͏͏͏͏͏incare sol͏͏uti͏ons. Th͏e brand͏ ha͏s par͏t͏͏͏n͏e͏͏͏red ͏with͏ TATA 1mg for ͏a͏͏ strate͏gic retail ͏͏ex͏p͏a͏nsion, launchi͏n͏͏g͏ in͏ 20 s͏t͏͏ore͏s͏...

Instacart bucks stock decline trend with strong Q4 earnings and $500 Million share repurchase

On Wednesday, Instacart projected a fourth-quarter core profit exceeding Wall Street estimates in its first earnings report since going public in September. The 4%...

Instacart gets green light from major Wall Street brokerages despite initial share decline

Many major Wall Street brokerages, such as J.P. Morgan and Goldman Sachs, initiated coverage of Instacart with an optimistic perspective, showing confidence in the...

Instacart appoints former CFO Ravi Gupta to board of directors following IPO

On Friday, Instacart officially appointed Ravi Gupta, the former Chief Financial and Operating Officer, to its board of directors, solidifying the decision following the...

Uber Eats targets broader market with new AI features and expanded payment options

Uber Technologies (UBER.N) announced on Wednesday its plans to broaden the array of payment choices for its food delivery platform. Additionally, the company intends...

Instacart Co-Founder Apoorva Mehta steps down from board post-IPO, retains largest share with $1.1 Billion fortune

Instacart's Co-Founder, Apoorva Mehta, is checking out with a significant $1.1 billion fortune following the grocery-delivery company’s initial public offering. Read More: Grocery delivery service...

Instacart elevates IPO price range following strong arm debut

Instacart, the grocery delivery app, decided to increase its previously suggested price range for its initial public offering (IPO) on Friday. This adjustment in...

Grocery delivery service Instacart aims to secure $616M in public offering

Instacart, the grocery delivery service, aims to secure up to $616 million in funding through its initial public offering, as revealed in a regulatory...

Instacart’s revenue soars by 31% as it prepares for highly anticipated IPO

On Friday, Instacart, the grocery delivery app, announced a significant 31% increase in revenue for the initial half of this year. Simultaneously, the company...

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