Food & DiningInvesting Instacart’s Highest-Value Customer is the Female Shopper September 15, 2023 Tom Grant September 15, 2023 This was first published in our weekly newsletter, Apptopia Insight. To receive insights like this weekly, sign up here. 0.77 correlation coefficient exists between Time Spent by All Users* and Instacart’s Orders. By analyzing just female user behavior, one gets a much clearer picture of orders activity: Time Spent by Female Users has a 0.92 correlation with Instacart’s Orders. Since the beginning of 2022, Instacart’s female customer segment is growing its Time Spent in app 28% faster than the male customer segment. The 30-day moving average for Time Spent by Female Users shows a weakening trend YTD; however, recent months are positive Y/Y, indicating seasonal slowdown during U.S. summer. *All users, user segments, and associated user behavior is derived from Apptopia Proprietary Device Panel. Access our Instacart Customer Segmentation analysis: Instacart Competitive Dynamics Tom Grant