DoorDash, Instacart announce holiday deals [Yahoo! Finance]
Maplebear Inc. (CART)
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Source: Yahoo! Finance
Instacart announced the launch of Express Lane, a service for its Instacart+ loyalty members, offering free delivery on orders of $10 or more. That's a reduction from the typical $35 minimum requirement for free delivery. Instacart said the move was aimed at helping consumers making last-minute shopping trips during the busy holiday season, noting that “according to Instacart purchasing data from the 2023 holiday season, the share of $10-$20 basket size orders were up to three times higher around Thanksgiving and Christmas compared to the yearly average.” Meanwhile, DoorDash also aims to help customers “spend less time running errands” with new features that allow them to search for items across multiple merchants with “prices and estimated delivery times displayed all in one view.” DoorDash users can also now import grocery shopping lists from Apple's iOS platform. The delivery company is also offering $20 off retail orders of $60 or more for Black Friday and Cyber Monday sale
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News
- Retail Leaders Predict Future: Personalization, AI, and Community-Focused Strategies Emerge at Groceryshop 2024 [Yahoo! Finance]Yahoo! Finance
- Instacart CEO Says Wall Street Undervalues Grocery Tech Bet [Yahoo! Finance]Yahoo! Finance
- 10+ Best Black Friday Streaming Deals: Big Savings on Starz, NFL Sunday Ticket and More [CNET News]CNET News
- Instacart orders first Super Bowl ad as its marketing evolution continues [Yahoo! Finance]Yahoo! Finance
- VISO TRUST Secures $24M to Accelerate Innovation in AI-Powered Third-Party Risk Management [Yahoo! Finance]Yahoo! Finance
CART
Earnings
- 11/12/24 - Beat
CART
Sec Filings
- 11/20/24 - Form 144
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- CART's page on the SEC website