Welcome to our dedicated page for Instacart, Inc.(Maplebear Inc.) news (Ticker: CART), a resource for investors and traders seeking the latest updates and insights on Instacart, Inc.(Maplebear Inc.) stock.
Maplebear Inc., doing business as Instacart (NASDAQ: CART), is a leading American grocery delivery and pick-up service headquartered in San Francisco. Instacart operates extensively across the United States and Canada, providing customers with a convenient way to shop for groceries online through its website and mobile app.
Instacart has revolutionized the grocery shopping experience by partnering with over 1,500 national, regional, and local retail banners to offer products from more than 85,000 stores across North America. The platform boasts nearly 8 million monthly active users, who benefit from Instacart's extensive network of approximately 600,000 independent contractors, known as shoppers, who pick and deliver orders directly to customer doorsteps.
Instacart's revenue model is diverse, encompassing service fees from orders, a robust advertising business, and premium memberships like Instacart+. The company has also significantly expanded its services to include SNAP (Supplemental Nutrition Assistance Program) benefits, making groceries accessible to more families across 14,000 stores and reaching 96% of SNAP households in the U.S.
Recently, Instacart has announced several strategic initiatives and partnerships. These include retail expansions with major grocery chains like Food City, Gordon Food Service, and Hy-Vee, as well as a public-private partnership with the U.S. Department of Health and Human Services to support food as medicine programs aimed at improving health outcomes through better nutrition.
Instacart continues to innovate with technologies like Caper Carts, AI-powered smart carts that streamline the shopping and checkout process, and Carrot Ads, which empower smaller retailers to grow their retail media networks. Furthermore, the company’s financial results for Q1 2024 have been promising, showcasing its ongoing growth and market leadership.
With its comprehensive suite of enterprise-grade technology products, including e-commerce solutions, advertising services, and health initiatives, Instacart remains at the forefront of transforming the grocery shopping experience. For more details, visit Instacart’s official website.
Instacart (NASDAQ: CART) launched 'Classroom Carts' initiative to support 28 Los Angeles County public and charter schools affected by recent wildfires, impacting nearly 15,000 students. The initiative, built on Instacart's Community Carts tool, enables nationwide donations of essential supplies directly through the Instacart App.
The company's Board of Directors initiated the campaign with a $1 million charitable donation to various education foundations. The program targets schools identified in partnership with California State education officials and local school districts. Instacart is waiving all delivery and service fees on Classroom Carts orders.
The wildfires caused extensive damage to classrooms, libraries, and school resources, creating critical shortages of essential supplies. This initiative follows Instacart's previous LA Fire Relief Community Carts campaign, which provided over 50,000 essential items to 17 local YMCAs and community food banks.
Instacart (NASDAQ: CART) has announced that its Chief Financial Officer, Emily Reuter, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference. The event is scheduled for Tuesday, March 4, 2025, at 7:45 a.m. Pacific Time. Interested parties can access an audio webcast of the discussion through Instacart's Investor Relations website.
Instacart (NASDAQ: CART) and Coles Supermarkets (ASX: COL) have announced the deployment of Caper Carts, AI-powered smart trolleys, at Coles' Richmond Traders location in Melbourne. This makes Coles the first retailer in the Asia Pacific region to implement this technology.
The Coles Smart Trolleys feature AI, cameras, and built-in scales that automatically recognize items as they're added. Customers can bag items while shopping, track their running total, and checkout directly from the trolley. The carts integrate with Coles' Flybuys rewards program, offering personalized deals and the chance to win discounts through a digital wheel game at checkout.
In the US, where Caper Carts are already implemented across multiple grocers, customer reception has been strong with a net promoter score exceeding 70 at established locations. The technology aims to combine the convenience of online shopping with the traditional in-store experience.
Instacart is bringing its first-ever Super Bowl commercial to life with a unique marketing event in Philadelphia. On February 8, 2025, from 10:30 a.m. to 4:30 p.m., select Instacart customers may receive their grocery deliveries in the iconic Oscar Mayer Wienermobile, accompanied by famous brand mascots including Green Giant, Chester Cheetah, The Kool-Aid Man, and The Pillsbury Doughboy.
Customers who place orders may be notified of this special delivery opportunity through the app. Those who participate will receive custom Instacart gear and photo opportunities with the Wienermobile, its 'Hotdogger' drivers, and the mascots. The company is also offering a Game Day Essentials Collection through February 9, with savings up to 40% (maximum $10) on snacks, drinks, and household essentials, plus rotating offers for free snacks.
Instacart is bringing its first-ever Super Bowl commercial to life in New Orleans with a unique marketing event. On February 7, 2025, select customers' grocery orders will be delivered by iconic brand mascots including Green Giant, Chester Cheetah, The Kool-Aid Man, and The Pillsbury Doughboy, all traveling in the Oscar Mayer Wienermobile.
Customers who place orders through Instacart may receive notifications about this special delivery opportunity. Participating customers will get custom Instacart gear and photo opportunities with the mascots and 'Hotdoggers'. Additionally, Instacart is offering up to 40% off (max $10) on Game Day Essentials through February 9, including special promotions for free snacks.
This event precedes Instacart's 30-second Super Bowl commercial titled 'We're Here', scheduled to air on February 9, 2025, featuring these same brand mascots.
Instacart (NASDAQ: CART) has unveiled its first-ever Super Bowl commercial, set to air during the second quarter of Super Bowl 2025. The 30-second spot, titled 'We're Here,' features iconic grocery brand mascots delivering an Instacart order, highlighting the company's commitment to grocery delivery excellence.
The commercial showcases various mascots including Mountain Dew Puppy Monkey Baby, Cheetos® Chester Cheetah®, HEINZ Wiener Dogs, Green Giant, Mr. Clean, and The Pillsbury Doughboy™ on a delivery mission. The campaign emphasizes Instacart's grocery-first technology platform, supported by over 600,000 shoppers who have fulfilled more than 1 billion orders over 12 years.
As part of the campaign, Instacart is offering game day deals, free snacks with orders, and special deliveries featuring mascots in New Orleans, Kansas City, and Philadelphia from February 2-9, 2025. The company serves more than 85,000 retail locations across North America, delivering groceries in as fast as 30 minutes.
BrightFarms, a national indoor farming leader, has partnered with Instacart (NASDAQ: CART) to offer free Crunch Kits™ on Thursday, January 23, 2025, following 'Quitters Day'. The promotion aims to help consumers maintain their healthy eating resolutions. Customers can redeem one free salad kit through the Instacart platform with a minimum order of $10, though delivery fees and taxes still apply.
The offer includes four varieties of salad kits: Mediterranean, Southwest Chipotle, Chickpea Caesar, and Sunny Bacon. BrightFarms, acquired by Cox Enterprises in 2021, operates 5 greenhouse farms across the US and 3 regional greenhouse hubs in Texas and Georgia. Their products are available in over 5,000 retail stores across Central, Eastern, and Southwest US regions.
Instacart (NASDAQ: CART) has announced it will release its fourth quarter and full year 2024 financial results after market close on Tuesday, February 25, 2025. The company will make its Q4 2024 Shareholder Letter available on their Investor Relations website.
Management will host a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast will be accessible through the Investor Relations website, with a replay available after the call.
The company has stated it will continue using its Investor Relations website to disclose material nonpublic information and comply with Regulation FD disclosure obligations.
Instacart (NASDAQ: CART) has announced new partnerships with POS providers DUMAC Business Systems and TRUNO Retail Technology Solutions to expand the adoption of Caper Carts, their AI-powered smart shopping carts. TRUNO serves over 13,000 retail locations across North America.
The partnerships will provide end-to-end POS integration for Caper Carts, including implementation, maintenance, and technical support. The smart carts offer features like automatic item scanning, spending tracking, and direct access to discounts. The successful implementation at Geissler's Supermarket has demonstrated increased basket sizes and enhanced customer experience.
The collaboration also creates opportunities to introduce additional Instacart Connected Stores technologies, including FoodStorm and Carrot Tags, to independent retailers across the grocery ecosystem.
Instacart (NASDAQ: CART) and Ulta Beauty have announced a nationwide partnership offering same-day delivery from over 1,400 Ulta Beauty stores across the United States. Through this collaboration, customers can now access Ulta Beauty's complete range of beauty products, including skin care, hair care, cosmetics, fragrances, and wellness products, with delivery in as fast as one hour via the Instacart platform.
The partnership integrates Ulta Beauty Rewards™ into the Instacart App, allowing members to earn points on purchases by linking their accounts. To celebrate the launch, customers can receive $10 off orders of $50 or more through January 26, 2025. This partnership expands Instacart's retail network, which now includes more than 1,500 retailer banners across various categories.
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