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Instacart CEO on Competition and Accelerating Growth Post-Covid 9/19/23

Author
CNBC
Published
Tue 19 Sep 2023
Episode Link
https://www.cnbc.com

As more grocers begin looking to build their own delivery networks, what does that mean for Instacart’s competitive moat? The world’s largest grocery delivery platform opened trading today on the Nasdaq at $42 a share, and Instacart CEO Fidji Simo discussed why grocers choose to stay on their marketplace, and how she expects the company to continue to grow after seeing the benefits of grocery delivery during the pandemic. 

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