Instacart Shares Drop as Uber Partners with Kroger for Grocery Delivery
Instacart stock falls 3% following Uber's announcement of Kroger grocery delivery across nearly 2,700 stores on Uber Eats, Uber, and Postmates apps nationwide.
Instacart stock falls 3% following Uber's announcement of Kroger grocery delivery across nearly 2,700 stores on Uber Eats, Uber, and Postmates apps nationwide.
The FTC is investigating Instacart's AI-powered pricing tool after studies showed different shoppers received different prices for identical groceries at the same stores.
Amazon's Same-Day Delivery service now offers fresh groceries in over 2,300 U.S. cities, challenging Instacart and Walmart+ with fast, temperature-controlled delivery for Prime members.
Instacart accused of charging customers different prices for identical items through AI pricing experiments. Report finds price gaps up to 23%, potentially costing families $1,200 yearly.
Instacart becomes the first grocery platform to offer instant checkout inside ChatGPT, giving it a competitive edge and opening new growth opportunities as AI-powered “agentic commerce” expands.
Kroger cuts 2025 sales outlook to 2.8-3% growth as budget-conscious shoppers trade down and competitors slash prices. Stock falls 7% despite beating profit expectations.