Veytics Intelligence
2026-10-23 · Seekingalpha

Instacart gains on report it's in talks to sell itself (update)

[Instacart company closeup sign is seen in Toronto, Canada.] JHVEPhoto UPDATE 7:48PM: Adds Bloomberg reporting that Uber ended talks with Instacart. Instacart (CART [https://seekingalpha.com/symbol/CART]) jumped 9.2% on a report that the grocery store delivery company is in discussions to try to sell itself. Instacart (CART [https://seekingalpha.com/symbol/CART]) has been working with an investment bank to consider its options and has had preliminary discussions with DoorDash (DASH [https://seekingalpha.com/symbol/DASH]) and Uber (UBER [https://seekingalpha.com/symbol/UBER]), according to a report from The Information [https://www.theinformation.com/articles/instacart-exploring-sale]on Friday, which cited people familiar with the matter.

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