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Briefing
markets

Instacart’s Order Volume Growth Slows in First Quarter

By
Martin Peers
· · Source: The Information

Instacart’s gross order volume grew between 5% and 10% in the first quarter, The Information reported on Friday , slower than its full-year 2022 growth rate of 16% and slower than the equivalent metric reported by DoorDash and Uber’s food-delivery arm. The slowdown could affect the timing of Instacart’s public market debut. The company, which recently increased its internal valuation to $12...

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