Instacart accelerates global expansion through acquisition
Instacart accelerates global expansion through acquisition
Instacart has acquired Instaleap, a global enablement and fulfillment solutions services platform that empowers retailers to streamline and scale their online operations. The acquisition supports Instacart’s strategy to expand its enterprise offerings globally and build the technologies that can power every single grocery transaction.
Instaleap offers purpose-built grocery technology, designed to address core retailer needs, including marketplace integrations and fulfillment solutions services, and complements Instacart’s broader portfolio of enterprise offerings. With operations in nearly 30 countries, Instaleap has deep local market expertise and a growing presence in Europe, Latin America and the Middle East. To date, Instaleap has powered more than 100 million transactions.
“We see a meaningful opportunity to expand internationally through an enterprise-led strategy that empowers retailers across the globe to meet the evolving omnichannel needs of their customers,” said Ryan Hamburger, chief commercial officer at Instacart. “We’ve already seen growing global demand for our online and in-store technologies, including Storefront Pro and Caper Carts, with early traction in Europe and Australia. With the addition of Instaleap’s technology, international expertise and deep retail relationships, we can accelerate our international expansion and better serve retailers and consumers around the world.”
Instaleap will initially operate as a wholly owned subsidiary of Instacart to ensure continuity for Instaleap retailers. Instacart looks forward to serving Instaleap’s retail partners with its existing product line, and over time, Instacart expects to expand more of its enterprise technology offerings to Instaleap’s partners, including Ecommerce, Connected Stores, Retailer Media, AI, and Data solutions.
