Instacart Buys Over 250 Patents From IBM
Summary
In addition, IBM and Instacart entered into a mutual patent cross license. Instacart is an online grocery platform that gives North American shoppers the ability to offer same-day delivery and pickup services to bring groceries and everyday essentials to people and families across the U.S. and Canada. The company has partnered with nearly 600 national, regional and local retailers to deliver from more than 45,000 stores across more than 5,500 cities in North America. Instacart’s enterprise technology also powers the ecommerce platforms of some of the world’s biggest retail players, supporting their white-label websites, applications and delivery solutions. It also offers an Instacart Express membership that includes reduced service fees and unlimited free delivery on orders over $35.
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