Maplebear Inc., which does business as Instacart, is weighing a potential sale after early conversations with DoorDash and Uber, The Information reported; Bloomberg later said Uber had left discussions, leaving the buyer picture unsettled.
The Information also said Maplebear had engaged an investment bank and valued the company at about $12 billion at that stage. Neither outlet reported a signed agreement or an active offer.
MarketBeat data put Maplebear shares at $56.44 at the Oct. 23, 2026, close, up 9.21% from the previous session. It estimated market capitalization at $13.07 billion, compared with $11.96 billion at the Oct. 22, 2026, close. The roughly $12 billion estimate in The Information’s account came before the share rise, so the figures refer to different dates. The market data used the regular 4 p.m. EDT close.
Reuters said Instacart’s grocery platform and retailer connections could complement a buyer’s existing customer reach and delivery capacity. The news agency also identified possible antitrust scrutiny as a hurdle. Emarketer analyst Zak Stambor told Reuters a transaction could give Instacart “the resources and reach to compete more effectively.”
DoorDash and Instacart also discussed a possible acquisition in 2021. The Information and Reuters reported a potential valuation of $40 billion to $50 billion, with antitrust approval concerns contributing to the talks ending. That range applies to the earlier discussions, not a current offer.
Maplebear’s filing describes a marketplace linking retailers, consumers, shoppers and advertisers. Shoppers pick and deliver customers’ orders through the platform; the company also sells software to retailers and advertising services.
Instacart’s latest reported quarter ended June 30, 2026. Revenue was $1.043 billion and gross transaction value was $10.351 billion, each up 14% year over year. The company said it will report third-quarter results after market close Nov. 5, 2026.
