Maplebear Q1 Earnings Call Highlights
Transaction revenue was $733 million, up 13% year over year, representing 7.1% of GTV. Reuter said transaction revenue as a percentage of GTV was flat year over year due to "increased fulfillment efficiencies, largely offset by lower payment revenue," and noted the metric may fluctuate quarter to quarter. Chief Financial Officer Emily Reuter reported GTV of $10.29 billion, up 13% year over year, driven primarily by 91.2 million orders, up 10%. Average order value was $113, up 3% year over year, which Reuter ...