Grocery delivery giant Instacart has held preliminary discussions with Uber and DoorDash about a potential sale, The Information reported Friday.
asserted
Information → hold → sale
An investment bank is helping Instacart, which is worth about $13 billion, assess its options, according to the report, which cited people familiar with the matter.
uncertain
which → help → matter
A takeover could fetch roughly $16 billion to $17 billion if a buyer pays a 30% to 40% premium, an estimate based on recent public tech deals.
uncertain
buyer → fetch → deals
The potential sale comes as Uber and DoorDash expand their grocery delivery businesses and pursue multibillion-dollar acquisitions across the food delivery industry.
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Uber → come → industry
An Instacart spokesperson declined to comment when reached by The Post.
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spokesperson → decline → Post
A takeover by either company could face antitrust scrutiny because of its competing grocery delivery operations.
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takeover → face → operations
Antitrust concerns helped derail DoorDash’s 2021 discussions to acquire Instacart at a valuation of $40 billion to $50 billion, The Information previously reported.
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Information → derail → billion
The discussions broke down partly over concerns about securing regulatory approval during the Biden administration, according to the report.
Instacart struck a deal with Uber in 2024 to offer restaurant delivery powered by Uber Eats through its grocery app.
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Instacart → break → app
Last year, Uber began using Instacart’s Carrot Ads technology to offer sponsored grocery placements on Uber Eats.
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Uber → begin → Eats
Earlier discussions between Uber and Instacart failed to advance as Uber pursued other acquisitions, The Information reported.
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Information → fail → acquisitions
Instacart’s expansion into advertising has yet to close the revenue growth gap with Uber and DoorDash.
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expansion → have → Uber
Instacart was valued at $39 billion in a 2021 private funding round amid a pandemic-era boom in grocery delivery.
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Instacart → value → delivery
By the time the company went public in 2023, its valuation had tumbled to roughly $10 billion.
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valuation → go → billion
Instacart shares have gained roughly 70% since the IPO.
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shares → gain → IPO
Its revenue growth slowed from 19% in 2023 to 11% in each of the following two years.
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growth → slow → years
Instacart generated $480 million in free cash flow during the second quarter, while revenue increased 14% from a year earlier to just over $1 billion.
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revenue → generate → billion
The company has said it plans to devote most of its free cash flow this year to repurchasing shares.
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it → say → shares
DoorDash recorded a 28% revenue increase in 2025, compared with 18% at Uber, whose business also includes ride-hailing.
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business → record → hailing
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Report → start → news
Amazon, which owns Whole Foods, has also expanded its grocery delivery operations.
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which → own → operations
DoorDash, valued at roughly $80 billion, acquired Deliveroo and restaurant software firm SevenRooms in 2025, three years after buying European delivery platform Wolt for about $8 billion.
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DoorDash → value → billion
Uber, with a market value of about $135 billion, has agreed this year to pay roughly $15 billion for Delivery Hero and more than $2 billion for workplace catering service ezCater.
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Uber → agree → ezCater
The Information reported that Uber’s recent dealmaking could complicate a potential bid for Instacart.
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dealmaking → report → Instacart
Instacart’s talks with prospective buyers have yet to produce an agreement, and a sale remains uncertain, according to the report.
uncertain
sale → have → report
The Aporia
