Unleash the Retail Revolution with Instacart! 


09/01/2023
Instacart seeks up to $9.3 billion valuation in IPO
  • Instacart is not monkeying around! Advertising and other revenue soared 29% from $574M in 2021 to $740M in 2022, driving their retail media success.
  • Grocery, a $1.1 trillion industry, sees 12% of sales online ($132 billion), and Instacart is at the forefront of this digital shift.
  • With 1400 partners spanning 80K stores, Instacart’s extensive network is revolutionizing how we shop for essentials.
  • Instacart’s GTV skyrocketed at 80% CAGR (2018-2022), compared to 50% online grocery and a mere 1% offline growth.
  • In 2022, Instacart’s GTV hit $29 billion, showcasing their prowess in driving Gross Transactional Revenue.
  • 7.7 million active users are spending an average of $317 per month, proving the power of convenience at their fingertips.
  • Beyond grocery, hardware, electronics, and makeup retailers like Best Buy, Lowe’s, and Sephora are thriving on Instacart’s platform.
  • Instacart’s influence is undeniable—sales volume for top 20 partners surged to 5% of their overall sales in 2022 from 0.6% in 2018.
  • Quenching the thirst for innovation, Pepsi secures $175M in convertible stock, cementing their commitment to Instacart’s growth.
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