Instacart co-founder and CEO Apoorva Mehta says the company is ready for the split, and he is not looking at the IPO performance of other 'unicorns' going public this year.
Whole Foods was once Instacart's largest partner. A source close to the company tells CNBC that today, it accounts for less than five percent of total revenue.
Whole Foods was also once Instacart's largest partner, but a person close to the company tells CNBC that today it accounts for less than five percent of total revenue. Instacart says it now delivers groceries from more than 20,000 stores across the US and Canada and expanded its offerings to include alcohol delivery and advertising.
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