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Instacart Grew Revenue 39% Last Year

By
Cory Weinberg
· · Source: The Wall Street Journal

Instacart told investors its revenue grew by 39% to $2.5 billion last year, the Wall Street Journal reported, a strong sign for one of the few high-profile tech firms eager to test the public markets this year. The sales figure is also an indication that the company is relying increasingly on advertising to fuel growth, rather than grocery delivery transactions. Transaction volume grew less...

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