Instacart, valued at about $12 billion, has held preliminary talks with Uber and DoorDash about a potential sale, with an investment bank advising on options. A sale could fetch $16-$17 billion if a buyer pays a premium, but antitrust concerns remain a hurdle given the competing grocery delivery businesses. Instacart's valuation has fallen from $39 billion during the pandemic to around $12 billion now, while Uber and DoorDash continue expanding aggressively in grocery delivery with major acquisitions. No agreement has been reached yet, and the sale remains uncertain amid regulatory and competitive challenges.
Uber trades at USD 67.12 with a 2.82% decline on Pluang as of Oct 24, 2026 05:11 WIB, reflecting some investor caution possibly linked to the ongoing talks about Instacart's potential sale. DoorDash is down 4.18% at USD 178.16, showing a sharper drop amid the same timeframe. Instacart's sale discussions come while these major players maintain significant market caps, with Uber at $141.08 billion and DoorDash at $80.57 billion on Pluang.
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