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Grocery Delivery App Instacart Battles Dot-Com Ghosts
Posted On 13 Jan 2015
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Jan. 13 — Fresh off of a $210 billion funding round, Instacart is the latest company to join the billion-dollar valuation club. The company is making a go at the grocery delivery business despite competition from Amazon and the ghosts of dot-com busts. Bloomberg’s Cory Johnson recently spent a day as an Instacart shopper to understand why the company thinks it can go it alone.