Maplebear Inc

CART: XNAS (USA)
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Instacart Earnings: Continued Momentum Overshadowed by Agreement to Be Acquired by DoorDash

Instacart reported a 17% rise in third-quarter revenue to $1.1 billion, fueled by higher order volume and advertising. Adjusted EBITDA climbed 23%, but high stock-based compensation limited reported net income growth. The firm announced plans to be acquired by DoorDash for $17 billion.

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