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Instacart Explored Sale, Held Preliminary Talks With DoorDash and Uber

Uber later ended its discussions. No offer, buyer, agreement or transaction terms have been confirmed.

Two empty chairs face each other across a glass-walled meeting room / TokenPost.ai
Two empty chairs face each other across a glass-walled meeting room / TokenPost.ai

Instacart explored a potential sale while holding preliminary conversations with DoorDash and Uber, but no deal has been confirmed and Uber has since ended its talks.

Instacart was working with an investment bank during the sale exploration. The early discussions were not certain to lead to a transaction. No offer, buyer, agreement or transaction terms have been confirmed.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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