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Tag: Instacart

Instacart Lowers Its Value By 38 Percent By Showing ‘Turbulence’

[ad_1] Grocery delivery company Instacart said on Thursday it had cut its valuation for tech stocks from $39 billion to $24 billion, reflecting poor market conditions. “We are confident inRead More

Instacart has hired a top Facebook executive as its new chief.

[ad_1] Fidji Simo, the leader of Facebook’s eponymous app, said Thursday that he is leaving the social network to become CEO of Instacart, an on-demand grocery startup set to becomeRead More

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