Maplebear, operating under the brand name Instacart, has officially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission. As a leading online grocery shopping company, Instacart connects consumers with their retail partners, serving 7.7 million monthly active orderers. The company offers various services such as Instacart Marketplace, … [Read more...] about Instacart Files for IPO
Retail
Amazon Prime Day Sets New Sales Record
Amazon.com stock is on the rise after the e-commerce giant declared that this year's Prime Day was its "single largest sales day" to date. Spanning two days, July 11th and 12th, Prime members across the globe purchased over 375 million items, resulting in savings exceeding $2.5 billion. This surpasses last year's Prime Day, which saw sales of more than 300 million … [Read more...] about Amazon Prime Day Sets New Sales Record
