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Instacart Rallies on Report of Sale Talks With Uber, DoorDash

Bloomberg Technology Friday 23 October 2026, 20:22 UTC By Dana Wollman 1 min read
Key Points

Instacart Rallies on Report of Sale Talks With Uber, DoorDash Shares of Instacart surged after the Information reported that the delivery and grocery-technology company is in talks to sell itself and has had preliminary conversations with Uber Technologies Inc. and DoorDash Inc. Instacart has been working with an investment bank to evaluate its options, the Information said, citing unnamed people familiar with the matter. The discussions with Uber and DoorDash are early and ongoing and may...

Instacart Rallies on Report of Sale Talks With Uber, DoorDash Shares of Instacart surged after the Information reported that the delivery and grocery-technology company is in talks to sell itself and has had preliminary conversations with Uber Technologies Inc. and DoorDash Inc. Instacart has been working with an investment bank to evaluate its options, the Information said, citing unnamed people familiar with the matter. The discussions with Uber and DoorDash are early and ongoing and may not result in a deal, it added.
Instacart (ORG) Uber Technologies Inc. (ORG) DoorDash Inc. (ORG) Information (ORG)
Originally published by Bloomberg Technology Read original →

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