Cash Flows from Investing Activities For the three months ended March 31, 2023, net cash provided by investing activities was $42 million, comprised primarily of maturities of marketable securities of $51 million, partially offset by purchases of property and equipment, including capitalized internal-use software of $9 million. Table of Contents For the three months ended March 31, 2024, net cash used in financing activities was $750 million, comprised primarily of repurchases of common stock of $715 millio ...

Maplebear Inc. (NASDAQ:CART) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Rebecca Yoshiyama - Vice President, Investor Relations, Capital Markets and Treasury Fidji Simo - Chief Executive Officer Nick Giovanni - Chief Financial Officer Emily Reuter - Vice President, Finance and Incoming Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Nikhil Devnani - Bernstein Ross Sandler - Barclays Jason Helfstein - Oppenheimer Doug Anmuth - JPMorgan Micha ...

Instacart is seeing in-store technologies impact grocery shoppers’ spending and loyalty.The aggregator’s CEO, Fidji Simo, noted in a letter shared with investors Wednesday (May 8) discussing its first-quarter 2024 earnings results that, according to merchants who have deployed the company’s Caper Cart smart self-checkout shopping carts, “people are seeking out stores” that offer the technology, including shoppers who are new to the merchant.“We made an early bet that smart carts would be the winning technol ...

May 8, 2024 Dear Shareholders, We delivered a very strong start to 2024. As the leading online grocery marketplace, our scale continues to help us serve our customers better. With the largest selection of grocery retailers, and shoppers often at or within a mile of the store, we can deliver more of what people want at the speed they demand it. At the same time, we're increasing the scope and reliability of our service. By positioning Instacart at the center of people's relationship with food, we can create ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

ToplineGrocery delivery service Instacart, which gained popularity during the pandemic, said Tuesday it’s partnering with Uber Eats to bring restaurant delivery to millions of its customers, prompting shares of the firm to rise to their highest level in over three weeks.DENVER, CO. OCTOBER 28: Kaitlin Myers a shopper for Instacart studies her smart phone as she ... [+] shops for a customer at Whole Foods in Denver. Myers receives a grocery list for a shopper and then completes the shopping on Tuesday, Octob ...

Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats.The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead, lets Instacart customers order from a wide range of restaurants using a new “Restaurants” tab on the company’s app. “Through this partnership, Instacart customers now have access to both the best online grocery selection in the U.S. and restaurant delivery, making it even easier for them to conveniently tackle all their food needs from ...

Partnership gives Instacart customers easy access to food delivery from hundreds of thousands of Uber Eats restaurant partners across the U.S.Instacart+ members now get even more value, with $0 delivery on grocery and restaurant orders over $35SAN FRANCISCO, May 7, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART) and Uber Technologies, Inc. (NYSE: UBER) today announced a strategic partnership to bring Uber Eats restaurant delivery to Instacart customers. In the coming weeks, Instacart customers nationwide will ...

ROFDA wholesalers, initially representing more than 2,250 stores across the U.S., will launch new online retail media networks powered by Instacart's Carrot Ads solution SAN FRANCISCO and CHICAGO, May 6, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, and members of Retailer Owned Food Distributors & Associates (ROFDA), a coalition of wholesale food distributors cooperatively owned by their U.S. independent retail grocer members, today announced that R ...

Instacart has become the exclusive same-day delivery partner of Kohl’s.With Kohl’s now on the Instacart App, nearly 109 million households can access same-day delivery from 1,172 Kohl’s department stores across the United States, Instacart said in a Thursday (May 2) press release.Customers can shop and order same-day or scheduled delivery of accessories, home essentials, skin care, beauty items, pet supplies and other products, while paying the in-store price and earning Kohl’s Rewards, according to the rel ...