Internet Retail
Maplebear (Instacart) operates a leading grocery delivery platform in the United States and Canada. The firm partners with various regional and national grocers, which offer their selection of food and other goods to customers through Instacart's ubiquitous platform. Once an item is ordered through Instacart's site, the item is picked and delivered to the customer's home by one of the platform's 600,000 shoppers, who are classified as independent contractors. Instacart earnsfees based on average order value and leverages its platform's high usage to sell advertising, mainly to consumer-packaged goods companies. Instacart currently has nearly 8 million monthly active users (or orderers) on its platform.

$10.5B

Market Cap • 11/18/2024

2012

(12 years)
Founded

2023

(1 year ago)
IPO

NASDAQ

Listing Exchange
Flag of US

San Francisco

Headquarters • California

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