Instacart Announces Fourth Quarter and Full Year 2024 Financial Results

Core Insights - Instacart released its financial results for the fourth quarter and full year ended December 31, 2024, which are detailed in the fourth quarter 2024 Shareholder Letter available on the company's Investor Relations website [1] Company Overview - Instacart is the leading grocery technology company in North America, partnering with over 1,800 retail banners to facilitate online shopping, delivery, and pickup services from nearly 100,000 stores [3] - The company enables millions of consumers to obtain groceries from their preferred retailers and provides approximately 600,000 Instacart shoppers with flexible earning opportunities through order picking, packing, and delivery [3] - Instacart offers a suite of enterprise-grade technology products and services to retailers, enhancing their e-commerce capabilities, order fulfillment, and advertising services [3] - The company also focuses on nutrition security and health outcomes through its Instacart Health initiative, which provides tools to help consumers make healthier choices [3]