Instacart Will Reportedly Make $10M Net Profit in April Due to Coronavirus Sales Boost

  • By cvbizz
  • April 28, 2020
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Grocery delivery apps like Instacart are reportedly turning a profit thanks to stay-at-home practices

As millions of people shelter at home during the coronavirus pandemic, demand for grocery delivery has exploded, with an estimated one-third of shoppers buying groceries online, according to a survey. Given this surge in demand, it should not be a surprise to learn that grocery delivery apps are benefiting. Instacart, which recently hired 300,000 additional workers and seeks to hire another 250,000 over the next two

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