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Sources: Instacart has told employees that revenue increased 50%+ YoY in Q4 and gross profit rose 80%+, while its full year 2022 revenue grew 39% YoY to ~$2.5B (Wall Street Journal)

Wall Street Journal:
Sources: Instacart has told employees that revenue increased 50%+ YoY in Q4 and gross profit rose 80%+, while its full year 2022 revenue grew 39% YoY to ~$2.5B  —  The company increased revenue 39% in 2022 despite slowing sales on its grocery delivery app  —  Instacart Inc. generated sharply …



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