Instacart's stock jumped after reports it is exploring a sale, with early talks involving DoorDash and Uber. Uber has reportedly walked away, citing its ongoing acquisitions and antitrust issues, while DoorDash remains interested but faces regulatory risks. Instacart's strong revenue growth and cash flow make it an attractive target, but potential buyers may pay less due to antitrust concerns. Investors await Instacart's November 5 earnings report for clearer direction on the sale prospects.
Uber shares are down 3.43% at USD 66.70, while DoorDash has fallen 3.53% to USD 179.38 on Pluang. DoorDash's market cap stands at $77.72 billion, reflecting investor caution amid the reported interest in Instacart. These figures are as of Oct 24, 2026 21:41 WIB.
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...
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