Instacart gets Pepsi, Doritos to pay shoppers' delivery fees
Delivery startup works with goods makers to cover costs and offer discounts
New York
ONLINE shoppers hate paying delivery fees. So Instacart Inc is getting Pepsi to foot the bill.
The grocery delivery startup is working with General Mills, Nestlé, PepsiCo, Unilever, and other consumer goods makers to cover the cost of delivery or provide other discounts when customers buy their products. In addition to the coupons, the companies pay Instacart to advertise on its website. Since introducing the programme about six months ago, it now accounts for 15 per cent of Instacart's revenue, said Apoorva Mehta, the company's chief executive officer.
TRENDING NOW
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Employers want AI-fluent employees. Hiring them is the challenge