AllAnalyst Report
logoMorningstarFebruary 29, 2024

Maplebear Inc.: Competition From Uber and DoorDash Looms Large Even as Instacart Maintains Its Leadership Position

Symbols
CART
Sector(s)
Consumer Cyclical
Rating
Current Price
$34.69
Fair Value
Economic Moat
Stewardship
Summary

Maplebear, which does business as Instacart, is an online grocery pickup and delivery service provider currently in the United States and Canada. Instacart partners with local and national grocers who provide their selection of food and other goods to customers through Instacart’s mobile app or website. After a customer places an order, an independent personal shopper employed by Instacart will pick the order and either prepare it for pickup or deliver it to the customer’s chosen location. Instacart’s

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