Instacart settles with FTC over deceptive practices but faces separate investigation into prices [Yahoo! Finance Canada]
Maplebear Inc. (CART)
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Source: Yahoo! Finance Canada
The FTC said Thursday that Instacart has been falsely advertising free deliveries. The San Francisco-based company isn't clearly disclosing service fees, which add as much as 15% to an order and must be paid for customers to receive their groceries, the FTC said. Instacart has also failed to clearly disclose that customers who enroll in a free trial for its Instacart+ program will be charged membership fees at the end of the trial. The FTC said hundreds of thousands of customers have been charged but have received no benefits from memberships or refunds. Instacart+ offers members free deliveries on most orders for $99 per year. The FTC said Instacart also advertises a “100% satisfaction guarantee,” but customers who experience late deliveries or unprofessional service are typically only offered a small credit that can be used toward a future order and not a refund. “The FTC is focused on monitoring online delivery services to ensure that competitors are transparently competing
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CART
News
- Instacart agrees to $60 million settlement with FTC [CBS News]CBS News
- Does FTC Scrutiny Of Instacart's AI Pricing And Disclosures Change The Bull Case For Maplebear (CART)? [Yahoo! Finance]Yahoo! Finance
- Presidential plaques, affordability crisis, archives of Black beauty: Catch up on the day's stories [CNN]CNN
- Instacart to pay $60 million in refunds after feds allege it deceived customers [CBS News]CBS News
- Instacart to pay $60M to settle FTC claims it deceived consumers [TechCrunch]TechCrunch
CART
Earnings
- 11/11/25 - Beat
CART
Sec Filings
- 12/15/25 - Form 144
- 11/25/25 - Form 8-K
- 11/25/25 - Form 4
- CART's page on the SEC website