Empire hopes Uber Eats, Instacart partnership will boost e-commerce sales [Yahoo! Finance Canada]
Maplebear Inc. (CART)
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Source: Yahoo! Finance Canada
“We believe that Instacart and Uber Eats provide complementary services, offering customers access to multiple banners for their real-time grocery needs,” she said. “Our Voilà platform offers customers the ability to shop multiple banners in a single shop, delivered to their door within a set delivery window. Partnering with Instacart and Uber Eats creates more avenues through which to meet the demands of a multifaceted customer base.” Dawson said Uber and Instacart are designed for customers looking “for an immediate service that can deliver in a very short time window.” She said Empire is hoping the new partnership will add “new incremental sales, increase the size of our overall ecommerce market and help us to gain new customers for Voilà.” Empire's latest quarter showed Voilà sales were up 26 per cent compared to the same time last year. Voilà launched in 2020, soon after the COVID-19 pandemic began and customer demand for e-commerce was at its peak. Major distribution
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News
- How Non-Retail Businesses Can Expand The Reach Of Commerce Media [Forbes]Forbes
- Empire hopes Uber Eats, Instacart partnership will boost e-commerce sales [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Maplebear Inc. (NASDAQ: CART) had its price target raised by analysts at Stifel Nicolaus from $52.00 to $55.00. They now have a "buy" rating on the stock.MarketBeat
- Your Party, Delivered: Party City Now Available on Instacart for Every CelebrationPR Newswire
- General Catalyst Makes Big $8 Billion Play In AI Investment [Forbes]Forbes
CART
Earnings
- 8/6/24 - Beat
CART
Sec Filings
- 10/31/24 - Form 4
- 10/29/24 - Form 144
- 10/23/24 - Form 4
- CART's page on the SEC website