Ulti_1170x120_5-11-20

grocery shopping online

Instacart announces $225 million In new funding

Instacart announces $225 million In new funding

SAN FRANCISCO — Instacart announced it has raised $225 million as part of a new financing round led by DST Global and General Catalyst, with existing investor D1 Capital Partners participating. The investment comes as Instacart continues to experience an unprecedented surge in customer demand for grocery delivery and pickup. Today’s announcement increases the company’s valuation

Study: Consumers migrating to online grocery shopping

Study: Consumers migrating to online grocery shopping

MIAMI — Within five to seven years, 70% of U.S. consumers will be doing at least some of their grocery shopping online, according to research findings released by the Food Marketing Institute and Nielsen at the FMI’s Midwinter Conference here. The second-year findings of the “Digitally Engaged Food Shopper” study estimates that American consumers will be