Instacart reportedly wants to expand into business deliveries.
The Information reported on Thursday that the grocery delivery firm is working on a new business-focused project.
- Instacart is working on a project called "Instacart Business," according to an unnamed source cited by The Information.
- The new project is reportedly seeking to create a delivery model focused on providing businesses with products such as office supplies and snacks.
- The expansion is also intended to come ahead of a potential initial public offering (IPO), according to The Information.
- Providing a business-focused subscription service would put Instacart in direct competition with Amazon and Walmart, both of which already offer business-specific programs.
