Instacart uses algorithmic pricing: Difference between revisions
Bythmusters (talk | contribs) Finished for now, but this is still a developing story |
Bythmusters (talk | contribs) m Removed unsubstantiated claim in short description |
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|ArticleType=Service | |ArticleType=Service | ||
|Type=Price Discrimination, Surveillance Pricing, Algorithmic Pricing | |Type=Price Discrimination, Surveillance Pricing, Algorithmic Pricing | ||
|Description=Instacart offers different prices to customers buying the same things at the same time and place | |Description=Instacart offers different prices to customers buying the same things at the same time and place due to price experimentation. | ||
}}Instacart is an American company which hosts a grocery delivery and pick-up service. Instacart has 7.7 million active users and reported 263 million orders and $2.2b gross profit in FY 2023.<ref>{{Cite web |date=2023-09-15 |title=Maplebear Inc. S-1/A Amendment No. 2 |url=https://www.sec.gov/Archives/edgar/data/1579091/000119312523235646/d55348ds1a.htm |url-status=live |access-date=2025-12-16 |website=SEC EDGAR Archives}}</ref> <!--https://www.sec.gov/edgar/browse/?CIK=1579091&owner=exclude I was interested in citing the 10-K/10-Q for more recent data but the pages are down right now.-->On September 2, 2022, Instacart purchased Eversight, an AI pricing startup.<ref name=":0">{{Cite web |last=Bose |first=Sourasis |date=2025-12-18 |title=AI pricing under scrutiny: Why CART stock is falling today |url=https://www.msn.com/en-us/money/companies/ai-pricing-under-scrutiny-why-cart-stock-is-falling-today/ar-AA1SBo8N |url-status=live |access-date=2025-12-19 |website=MSN}}</ref> | }}Instacart is an American company which hosts a grocery delivery and pick-up service. Instacart has 7.7 million active users and reported 263 million orders and $2.2b gross profit in FY 2023.<ref>{{Cite web |date=2023-09-15 |title=Maplebear Inc. S-1/A Amendment No. 2 |url=https://www.sec.gov/Archives/edgar/data/1579091/000119312523235646/d55348ds1a.htm |url-status=live |access-date=2025-12-16 |website=SEC EDGAR Archives}}</ref> <!--https://www.sec.gov/edgar/browse/?CIK=1579091&owner=exclude I was interested in citing the 10-K/10-Q for more recent data but the pages are down right now.-->On September 2, 2022, Instacart purchased Eversight, an AI pricing startup.<ref name=":0">{{Cite web |last=Bose |first=Sourasis |date=2025-12-18 |title=AI pricing under scrutiny: Why CART stock is falling today |url=https://www.msn.com/en-us/money/companies/ai-pricing-under-scrutiny-why-cart-stock-is-falling-today/ar-AA1SBo8N |url-status=live |access-date=2025-12-19 |website=MSN}}</ref> | ||