Overview
- Multiple news outlets reported that DoorDash is in exclusive or advanced talks to buy Instacart, with people familiar with the matter saying the discussions are active but not guaranteed to close.
- Sources cited a potential valuation near US$17 billion for Instacart, above recent estimates and reflecting a premium to prior private‑market values.
- Reports say Instacart ran a formal sale process that drew interest from buyers including Uber, though Uber’s pursuit has cooled as talks with DoorDash advanced.
- Deal supporters say combining Instacart’s grocery marketplace and retailer ties with DoorDash’s delivery network would deepen competition with Amazon and Walmart and expand same‑day reach.
- Regulatory risk is one of the main uncertainties and investors reacted to the reports with Instacart’s shares rising and DoorDash’s shares falling in trading after the coverage.