Instacart acquires Instaleap for international expansion

Instacart has announced its acquisition of Instaleap, a Colombia-based grocery technology firm, marking a significant step in its international expansion strategy. This acquisition will enable Instacart to extend its enterprise platform globally without establishing its own delivery networks abroad. Instaleap, founded in 2019, offers fulfillment solutions to retailers across nearly 30 countries, specializing in streamlining online grocery operations. The deal aims to leverage Instaleap's international expertise and existing retail relationships to accelerate Instacart's global reach and enhance its offerings to retailers worldwide. Instaleap will initially operate as a subsidiary, with plans to integrate Instacart's enterprise technology.