Business · Companies · 1 hr ago
Instacart reportedly explores sale to larger competitors
Instacart is reportedly considering a sale to a larger company.
The grocery delivery company has held acquisition talks with DoorDash, and reports also say it spoke with Uber.
Uber reportedly walked away from its discussions, though accounts differ on how talks with the two companies stand.
Instacart has hired an investment bank to help assess its options.
The discussions are still early and may not lead to a sale; the company’s market value is more than $13 billion.
A sale could let Instacart secure a price it considers attractive before competition in grocery delivery increases.
No deal has been announced, and the company has not publicly commented in the account provided.
Instacart has reportedly held talks with DoorDash and Uber about a possible sale.
The Information reported that Instacart hired an investment bank to evaluate its options.
Bloomberg reported that Uber walked away from discussions with Instacart.
The talks are at an early stage and may not lead to a sale.
Reports of a potential sale sent Instacart shares up more than 9.2% on Friday.
- Who
- Instacart, DoorDash and Uber.
- What
- Instacart reportedly discussed a possible sale with both companies. Uber reportedly walked away from the discussions.
- When
- Reports about the talks were published on October 23 and 24, 2026.
- Where
- Not stated.
- Why
- Instacart may be evaluating a sale while its stock is up and before the grocery delivery market becomes more competitive.
This story does not have two clearly opposing sides.
The Information reported that Instacart had hired an investment bank and held acquisition talks with DoorDash.
Bloomberg reported that Instacart had also talked to Uber, which reportedly walked away.
Reports of a potential sale caused Instacart shares to rise more than 9.2%.
- Possible buyers
- DoorDash and Uber
- Investment bank
- Hired to help Instacart evaluate its options, according to The Information
- Market capitalization
- More than $13 billion
- Stock performance
- Up 25% year to date
- Share-price reaction
- Instacart shares rose more than 9.2% on Friday