Fidji Simo news and trends

Instacart CEO: Retailer Integrations Streamline Shopping, Drive Growth
Earnings // November 12, 2024

Instacart’s expansion of retailer integrations and the implementation of advanced technology have streamlined the shopping experience, providing convenience, savings and higher engagement, CEO Fidji Simo noted Tuesday (Nov. 12) during the company’s third-quarter earnings call. Referring to retailer integrations as the company’s “secret sauce,” Simo...

Instacart Says Smart Cart Gamification Features Make Shopping ‘an Adventure’
Retail // October 07, 2024

Instacart has added new gamification features to its smart carts, saying they will make grocery shopping “feel like an adventure” and encourage shoppers to earn rewards and credits, earn savings and discover new products. Together with these features, the company has also added location-based coupons...

Instacart Aims to Cement Online Grocery Presence by Converting Casual Users Into Regulars
Delivery // September 10, 2024

Instacart is ramping up its efforts to capture and keep customers as it aims to cement its status in the online grocery sector. The company is concentrating on two primary objectives: bringing in new users, elevating engagement with its current clientele, and creating “habituated customers.”...

Instacart Expands Services, Partners With Uber Eats to Integrate Restaurant Orders
Aggregators // August 06, 2024

On Tuesday (Aug. 6), Instacart announced an expansion of its service portfolio as part of its strategy to solidify its position in the online grocery market. The company has forged a new partnership with Uber Eats, enabling customers to order both groceries and restaurant meals through...

Interviews & Exclusives
Instacart Aims to Cement Online Grocery Presence by Converting Casual Users Into Regulars

September 10, 2024
Instacart is ramping up its efforts to capture and keep customers as it aims to cement its status in the online grocery sector. The company is concentrating on two primary objectives: bringing in new users, elevating engagement with its current clientele, and creating “habituated customers.” During the company’s second-quarter earnings call, CEO Fidji Simo noted […]

Quick Reads
Instacart CEO Focuses on Grocery Partnerships as Firm’s Value Drops

November 21, 2024
Instacart’s CEO is focusing on grocery partnerships amid investor skepticism. Fidji Simo discussed these efforts in an interview with Bloomberg’s The Circuit With Emily Chang, set to air Thursday (Nov. 21) evening. Since becoming CEO, the report notes, Simo has made Instacart’s higher-margin enterprise business a higher priority, focusing on things like last-mile delivery, building white-label websites and selling […]

Instacart Says Smart Cart Gamification Features Make Shopping ‘an Adventure’

October 07, 2024
Instacart has added new gamification features to its smart carts, saying they will make grocery shopping “feel like an adventure” and encourage shoppers to earn rewards and credits, earn savings...

Instacart Extends Retail Media Data to YouTube, Powering Shoppable Ads

June 17, 2024
Instacart has partnered with YouTube to make the video platform’s ads shoppable. In this pilot, select consumer packaged goods (CPG) brand partners of Instacart will be able to use shoppable...

Instacart Stock Closes Below IPO Price Week After Public Debut

September 26, 2023
Instacart’s stock closed below its initial public offering (IPO) pricing for the first time on Tuesday (Sept. 26), a week after its public debut. The online grocery delivery company’s stock fell...