Starting last year, profitability became a more consistent story for the largest online grocery marketplace in North America, with millions of monthly active orderers and Instacart+ members.
The company says it has now delivered over one billion orders across its 85,000-store network encompassing 1,500 retail partners.
"There were a lot of questions about whether Instacart would be just another pandemic fad," CEO Fidji Simo told CNBC .
Simo, who took the top role at the company in 2021 and launched the Instacart Health delivery service in 2022, has made health care a personal passion.
"Patients often go through years-long diagnostic odysseys, bouncing around from specialist to specialist with no one looking at the whole picture," Simo wrote on her LinkedIn.
Persons:
Fidji Simo, Instacart, NBCUniversal's Peacock, Simo
Organizations:
Google, CNBC, Kroger, Costco, Amazon Prime, Paramount, Metrodora Institute
Locations:
North America