Instacart has hired an investment bank to evaluate options and held acquisition talks with DoorDash and Uber, according to The Information and Bloomberg. Instacart, valued at over $13 billion with a 25% YTD stock gain, may be exploring a sale before grocery delivery competition intensifies, though early talks may not result in a deal.
Background
Instacart is a leading US grocery delivery platform with over $13B market cap, competing in an increasingly crowded online grocery space alongside giants like Amazon Fresh and Walmart+. DoorDash and Uber Eats are the two major delivery platforms likely considering expansion through acquisition.
- Source
- TechCrunch
- Published
- Oct 25, 2026 at 12:30 AM
- Score
- 6.0 / 10