Instacart Considers a Potential Sale, Sparking Share Rally

(Bloomberg) -- Instacart has explored a potential sale of the grocery-delivery company, a process that has included discussions with Uber Technologies Inc., a person familiar with the matter said. Most Read from Bloomberg Electronic Arts to Shed 400 Jobs, Shut Down BioWare to Cut Costs SpaceX in Talks to Access 80,000 Cell Sites for New Network Young Men Who Helped Get Trump Elected Are 'Blackpilling' Out of Politics Bitcoin Billionaires Are Racing to Ride a 3,000% Crypto Boom Meta Cuts Deal to Keep Zuckerberg in California Amid Tax Threat Though Instacart recently shopped itself to Uber, the ride-hailing giant walked away from the discussions, according to the person, who asked not to be identified because the talks were private.