Tuesday, 31 March, 2026
Instacart Tops Q3 Forecasts on Strong Demand for Essentials
By Isha
Instacart surpassed Wall Street's expectations for both core profit and Gross Transaction Value (GTV) in the third quarter. The online grocery platform's success was driven by steady consumer demand for essential goods and the expansion of faster delivery options and competitive pricing on items like produce. Instacart reported a quarterly core profit of $278 million and GTV of $9.17 billion, raising the midpoint of its next-quarter GTV forecast.
Read full story at Economic Times