StartupsReutersabout 2 hours ago
Instacart Talks Sale to Uber DoorDash
2 min read
Instacart explores a possible sale with potential buyers Uber and DoorDash, per The Information. Shares rose 9% before extended trading. A deal could value Instacart at $16 billion to $17 billion, reflecting a typical 30% to 40% premium. Previous 2021 talks valued the company between $40 billion and $50 billion.
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