Instacart is a grocery delivery service that operates in the United States and Canada. The company was founded in 2012 and is headquartered in San Francisco, California.
Instacart has raised $1.2 billion in venture capital.
According to a report from Reuters, the company is expected to file for an initial public offering (IPO) later this year. The report cites people familiar with the matter.
Instacart is expected to list its shares on the New York Stock Exchange and the NAsdaq.
If the IPO goes ahead as planned, Instacart’s valuation could reach as high as $10 billion. The company’s customers include small and medium-sized businesses as well as consumers.
9 Related Question Answers Found
How much does the CEO of Instacart make?
The CEO of Instacart, Apoorva Mehta, is currently the highest-paid executive in the U.S. According to Forbes, Mehta’s total compensation for the fiscal year 2017 was $2,727,000. This amount includes a base salary of $1,525,000, stock awards of $1,073,333, and options worth $985,333.
How much does Instacart cost?
Instacart is a grocery delivery service that offers customers the convenience of ordering groceries online and having them delivered to their door. The cost of Instacart varies depending on the city you live in, but in general, it is a relatively affordable option. In some areas, Instacart is even cheaper than traditional grocery stores.
How much does Instacart pay to deliver?
Instacart is a popular online grocery delivery service that employs a variety of delivery methods, including door-to-door, in-home, and food delivery. According to the company’s website, Instacart pays its delivery workers an average hourly wage of $10.85. This wage is significantly higher than the federal minimum wage of $7.
25, which has not increased since 2009.
How much can I realistically make with Instacart?
Instacart is a grocery delivery service that allows customers to order groceries online and have them delivered to their door. Instacart operates in select cities throughout the United States. Customers can order groceries from a variety of stores, and Instacart charges a delivery fee for each order.
How much do Instacart workers get paid?
Instacart is a grocery delivery service that employs workers who may earn an hourly wage, a salary, or commissions. In 2017, the median hourly wage for Instacart workers was $12.73. The median annual salary for Instacart workers was $26,760.
What does Instacart pay per hour?
Instacart is a delivery service that connects customers with local grocery stores to have groceries delivered to their homes. Instacart pays its drivers an hourly wage, which varies depending on the region. In some regions, drivers earn an hourly wage of $10-$12.
Will Instacart go IPO?
As the largest online grocery delivery service in the United States, Instacart has seen unprecedented growth in recent years. The company has raised over $700 million in funding, and is now valued at over $5 billion. With such a large and rapidly growing company, many investors are wondering whether or not Instacart will go public.
How much does Instacart customer cost?
Instacart is a grocery delivery service that allows customers to order groceries online and have them delivered to their homes. Instacart customer cost varies depending on the size of order and the location. The cost of an order that is less than $10 is typically $3.95, while an order that is more than $50 is typically $7.95.
How much does it cost to start Instacart?
Starting Instacart can be expensive, depending on what services you need. For a basic account with no tools, it costs $6 per hour. For a full account with tools, it costs $10 per hour.
