Instacart’s Pandemic Boom Is Fading - The New York Times

The grocery delivery start-up changed its leadership, slashed its valuation and shifted its strategy after sales slowed.

Mr. Mehta told each company that he was talking to one of its biggest competitors, so it had to act fast. But the discussions did not get far. The other companies had concerns about the price and ant… [+1878 chars]

full article...