DIRS.INFO The most relevant business & tech news

☆ Instacart's biggest IPO twist: Tech trying to go public as a value stock
▼ + stars: | 2023-09-18 | by ( Tim Mullaney | ) www.cnbc.com time to read: +9 min

At the top of the latest IPO price range, the enterprise value would be 16x EBITDA. The right valuation for Instacart depends on where the ultimate rate of sales growth falls, Einhorn said. Including the cash on the company's balance sheet, that values Instacart at about three times EBITDA – way below DoorDash's valuation. Even that would value the company at only seven times 2025 EBITDA, and about 14 times EBITDA from the last four quarters, still a sharp discount to DoorDash. So in a twist few would have predicted in 2020 or 2021, Instacart is trying to go public as a value stock, carefully managed to wring the best results from potentially modest growth.

Persons: Instacart, –, Einhorn, Matt Einhorn, Mark Mahaney, DoorDash, Nicholas Cauley, Cauley, Covid, Nick Giovanni, Giovanni, EBITDA Organizations: Renaissance Capital, San Francisco, ISI, Walmart, Kroger, Aldi, Omicron, Gross Locations: DoorDash, EBITDA, York

The Citi Premier® Card and Chase Sapphire Preferred® Card are both mid-tier credit cards that offer generous rewards, impressive (and overlapping) transfer partners, and travel perks. Here's a look at how the Citi Premier® and Sapphire Preferred stack up against each other. Compare the Chase Sapphire Preferred and Citi Premier Chase Sapphire Preferred® CardCiti Premier® Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Winner: TieShopping and travel benefitsAs mid-tier cards, the Citi Premier® and Sapphire Preferred offer standard benefits like no foreign transaction fees. Winner: TieTravel and purchase protectionsTravel and purchase protections are essential benefits you should consider when deciding between the Citi Premier® and Sapphire Preferred.

Show more Regular Annual Percentage Rate (APR) 19.74% - 26.74% Variable Editor's Rating 4.8 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.8 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. Annual travel credit can effectively shave $300 off the annual fee if you use it Check mark icon A check mark. That's $900 toward travel when you redeem through Chase Ultimate Rewards®$300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Read our review Read Our Review A looong arrow, pointing rightRewards on food delivery: You'll earn 4 points per dollar on takeout, food delivery, and dining. Review: U.S. Bank Altitude Go card reviewFood delivery credit cards frequently asked questions (FAQ)Which is the best credit card for food delivery?

Compare the Freedom Flex and Freedom Unlimited Chase Freedom Flex℠Chase Freedom Unlimited® Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. The Chase Freedom Flex℠ and Chase Freedom Unlimited® are similarly named and have a lot in common, but they're geared to different types of spenders. If you're considering a new cash-back credit card, you'll want to compare the Chase Freedom Flex℠ and the Chase Freedom Unlimited® to see how they stack up. Differences in benefits between Freedom Unlimited and FlexThe Chase Freedom Flex℠ is unusual because it's a World Elite Mastercard rather than a Visa card like the Chase Freedom Unlimited® (and most other Chase cards). Benefits shared by both cardsSeveral major benefits apply to both the Chase Freedom Flex℠ and the Chase Freedom Unlimited®.

Show more Regular APR 18.24% - 25.24% Variable Editor's Rating 4.8 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.8 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. Read our review Read Our Review A looong arrow, pointing rightRewards on food delivery: You'll earn 4 points per dollar on restaurants, which includes most US food delivery services. Show more Regular APR 19.99% - 26.99% Variable Editor's Rating 4.65 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.65 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. Read our review Read Our Review A looong arrow, pointing rightRewards on food delivery: You'll earn 4 points per dollar on takeout, food delivery, and dining. Review: U.S. Bank Altitude Go card reviewFood delivery credit cards frequently asked questions (FAQ)Which is the best credit card for food delivery?

Fiordaliso/Getty ImagesDoorDash and Chase announced plans to launch the DoorDash Rewards Mastercard. Eligible Chase cards already offer DoorDash perks, like free DashPass membership, but the first-ever DoorDash card has the potential for exclusive new benefits. DoorDash Rewards cardholders will get access to World Elite Mastercard perks, including complimentary 24/7 concierge service. The DoorDash Rewards Mastercard could be the key to saving money and earning rewards on your food delivery spending. The DoorDash Rewards Mastercard will be a World Elite Mastercard, and will offer valuable and convenient rewards and perks for customers, plus complimentary 24/7 concierge service and access to Mastercard Priceless Experiences.

The Citi Premier® Card and Chase Sapphire Preferred® Card are both mid-tier credit cards that offer generous rewards, impressive (and overlapping) transfer partners, and travel perks. Here's a look at how the Citi Premier® and Chase Sapphire Preferred stack up against each other. Compare the Chase Sapphire Preferred and Citi Premier Chase Sapphire Preferred® CardCiti Premier® Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Winner: TieShopping and travel benefitsAs mid-tier cards, the Citi Premier® and Chase Sapphire Preferred offer standard benefits like no foreign transaction fees. Meanwhile, the Chase Sapphire Preferred offers free DoorDash DashPass membership through December 31, 2024, and a $10 monthly Gopuff credit through December 31, 2023.

☆ The new Instacart Mastercard earns up to to 5% cash back, and new cardholders get $100 in Instacart credit and a year of Instacart+
▼ + stars: | 2022-07-22 | by ( Tessa Campbell | Sarah Silbert | Junior Investing Reporter | ) www.businessinsider.com time to read: +10 min

Earn $100 Instacart credit automatically upon approval, plus a free year of Instacart+ membershipRead Insider's guide to the best credit cards for buying groceries. Instacart and Chase just launched the first-ever co-branded card by a food delivery service: the Instacart Mastercard® Credit Card. Product Details Get a free year of Instacart+ and a $100 Instacart credit automatically upon approval. AdvertisementOne year of free Instacart+ membershipWhen you're approved for the Instacart Mastercard®, you'll get a free year of Instacart+ (previously named Instacart Express). If you're already an Instacart shopper, the Instacart Mastercard® Credit Card could be a great fit.

Persons: Chase, —, you'll, We're, cardholders, You'll, there's Organizations: Mastercard, Service, Chase Travel, Aldi, CVS, Chase Travel Center, Elite Mastercard, American Express, U.S, Walmart, Target Locations: Instacart.com, U.S

Search resuls for: "Instacart.com"

8 mentions found