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The Latest Breaking News from Instacart

Stripe could be valued at $60 billion after investments from firms including Thrive Capital

Thrive Capital's possible investment in digital payments giant Stripe follows recent reports of its founders planning to go public within one year.

Fortune

Egg price relief hasn’t hit consumers' wallets despite cost “ease”

The price for a dozen large eggs was $4.25 in December on average, up 66 cents from November.

Axios

Everyone is getting in on Spotify's year-in-review act

GrubHub will tell you what you ate, Strava will review where you ran, and news outlets will list what you read.

Axios

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IPO outlook: After a boom and bust in recent years, 2023 may be the year unicorns Stripe, Chime, and Instacart list shares

The IPO pipeline closed in 2022, but there’s reason to believe that it may reopen as 2023 gets underway.

Fortune

13 festive finds from Aldi

From classic cookies to seasonal novelties, Aldi has you covered

Salon

Female executives don't like to admit they pay for domestic help

Childcare, housekeeper, and a personal assistant: Women are paying big bucks for support at home in order to reach the C-Suite.

Fortune

Instacart to pay $46.5M in San Diego gig worker case

Instacart agreed to pay $46.5 million to settle a 2019 lawsuit filed by the city of San Diego that claimed the company misclassified workers, city attorney Mara Elliott said Monday.

Tribune News Service

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Food banks turn to DoorDash and Amazon to reach people in need

In 2021, 10% of U.S. households experienced food insecurity, according to a USDA report.

Axios

Porsche and Instacart are planning blockbuster IPOs

The IPO market is currently favoring buyers, which could benefit the companies' major shareholders.

Axios

2 Home Improvement Stocks You Could Buy Instead of Bed Bath & Beyond

Rising demand due to evolving work models and an increase in consumer spending should bolster the home improvement industry’s growth. Retail giant Bed Bath & Beyond (BBBY) has been gaining amid the return of the meme frenzy. However, the company has recently announced several store closures and layoffs, which is…

StockNews.com

Top Financial Stories Thursday, September 08: Amazon Slows Down Hiring, Netflix Focuses On Cost Cutting, iPhone 14 Will Be Available In Russia And More…

Reuters

Benzinga

Walmart’s online grocery lead on Amazon and Instacart is strengthening

Walmart holds a comfortable lead as the largest online U.S. grocer, according to the new national e-commerce forecast from Insider Intelligence, but there’s a fierce battle for No. 2 between Amazon and Instacart.

Tribune News Service

Chloe Fineman’s MTV VMAs dress was filled with snacks

The avante-gard dress was designed by threeasFOUR

The Independent UK

Kroger opens new warehouse in Maywood to expand delivery service

Customers will receive groceries directly from the Kroger warehouse when they order from the Mariano’s website, instead of only having third-party delivery options such as Instacart or Shipt.

Chicago Sun-Times

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Orlando Sentinel

Food pantry for Disney employees still fights hunger as donations fall

Hit with a hefty dental bill, a Disney employee faced the choice of paying it or buying groceries.

The Independent UK

Demand for grocery delivery cools as food costs rise

U.S. demand for grocery delivery is cooling as food prices rise

Benzinga

How Walmart And Instacart Innovated Retail Media To Beat Competitors

It’s no secret that Amazon's (NASDAQ: AMZN) ad business has been successful, driving $31 bil

Miami Herald

Is that a Walmart worker in my house stocking my fridge? What’s that all about?

If the pandemic has taught us nothing else, Americans have apparently taken to the idea of home grocery deliveries.

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The Independent UK

Kylie Jenner accuses Instacart driver of ‘lying’ after he claimed he heard her son crying at home

‘The lying for attention rubs me the wrong way,’ the reality TV star said on TikTok.

Daily Mirror

Kylie Jenner slams delivery driver for 'lying' about her son crying and giving a bad tip

Kylie Jenner ordered some pepperoni to be delivered to house and the alleged delivery driver took to TikTok to share details of his experience

Ballotpedia

Massachusetts Supreme Court disqualifies app-based drivers initiative from November ballot

On June 14, the Massachusetts Supreme Court issued a ruling disqualifying the app-based drivers initiative backed by Lyft, Instacart, DoorDash, and Uber, from the November ballot.

The Guardian - US

As Phoenix swelters, the nights are even worse than the boiling days

Temperature topped 110F on four consecutive days and has not fallen below 80F at night-time for the past week in the Arizona city, breaking several records

Tribune News Service

Seattle City Council to consider ‘Pay Up’ measures to address gig worker pay, rights

SEATTLE — Since 2017, Jay Reeves has been working as a delivery driver for either Postmates or DoorDash, working, at times, seven days a week.

Benzinga

Morning Brief: Top Financial Stories Dominating on Thursday, May 12

CNBC Instacart Confidentially Files For US IPO

Benzinga

Instacart Confidentially Files For US IPO

Grocery delivery platform Instacart has confidentially submitted a draft registration statement on Form S-1 with the U.S. SEC. The company was valued at $39 billion in March 2021, but the valuation got slashed by 40% to $24 billion due to technology stocks’ sell off in 2022, CNBC reported. The company got a major boost during…

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