The Instacart logo is seen on a smartphone and on a PC screen.Instacart's stock rose more than 8% before the bell Monday after the grocery delivery platform topped third-quarter earnings and issued upbeat guidance under new CEO Chris Rogers.Here's how the company did versus LSEG estimates:Earnings per share: 51 cents adjusted vs. 49 cents expectedRevenue: $939 million vs. $934 million expectedRevenues rose 10% from $852 million in the year-ago period. Gross transaction value, which tracks the value of goods ...

Intensifying competition in India’s online grocery delivery space is weighing on the shares of market leader Eternal and its listed rival Swiggy https://t.co/uDPmh4Bldc ...

Group 1 - Amazon's strategic expansion of its same-day grocery delivery service to over 1,000 cities is aimed at dominating the $1.6 trillion U.S. grocery market, with plans to reach 2,300 cities by year-end [1][8] - The company achieved $100 billion in gross grocery and household essential sales in 2024, leveraging competitive pricing and free delivery for Prime members on orders over $25 [2] - Amazon's investment in temperature-controlled fulfillment networks and quality checks enhances the value of Prime membership and supports customer acquisition and retention [3] Group 2 - Walmart offers same-day delivery from approximately 4,700 stores through its Walmart+ membership, maintaining a competitive edge with its extensive physical infrastructure [4] - Target, through its Shipt acquisition, provides same-day delivery from nearly all its 2,000 stores, integrating grocery with general merchandise [5] - Kroger partners with delivery platforms and invests in automated fulfillment centers, though its geographic reach for same-day delivery is more limited compared to Amazon [6] Group 3 - As Amazon expands to 2,300 cities, Walmart's established presence poses immediate competition, while Kroger and Target need to accelerate digital investments to stay relevant [7]