Instacart names Facebook exec as its new CEO
July 9, 2021
Fidji Simo, a veteran executive who led Facebook’s mobile and products teams for the past decade, has been named CEO of Instacart. Ms. Simo, who joins the grocery delivery service as it is preparing to go public, replaces Apoorva Mehta, Instacart co-founder. Mr. Mehta will become executive chairman of the company next month.
Recent News
Snapchat Reveals Latest AR and ML Tools for Brands and Advertisers
Snapchat has introduced a range of new augmented reality (AR) and machine learning (ML) tools created to assist brands and advertisers in engaging with users on the social platform through interactivity.
Ground Beef Sold at Walmart Recalled for E. Coli Contamination
The beef, sold at Walmart and other retailers, is from Cargill Meat Solutions.
Carvana Shares Rise 30% as Pre-Owned Car Seller Reveals Record First Quarter
Shares for Carvana shot up by over 30% after it reported record results and made a profit in the first quarter.
Peloton, Hyatt Team Up To Offer Bikes, Loyalty Points at 800 Hotels
Peloton and Hyatt’s new partnership is an attempt to revitalize the cratering brand.