The Information reported Oct. 23 that Instacart is weighing a sale at a hypothetical value of up to $17 billion, while Bloomberg said Uber had exited discussions, leaving no confirmed buyer.
The Information described preliminary conversations with DoorDash and Uber. Bloomberg later reported that Uber walked away. Instacart has not publicly confirmed a sale process, and the reports do not establish DoorDash’s current position. Neither outlet reported a submitted offer or agreement. The update follows EconoTimes’ earlier report on the initial sale discussions.
The Information’s estimate applies a 30% to 40% premium to a roughly $12 billion valuation it cited, producing a possible range of $16 billion to $17 billion. The figure is a scenario, not a bid or a price agreed with Instacart.
Instacart’s Aug. 6 release said revenue for the quarter ended June 30, 2026, was $1.043 billion, up 14% year over year. Gross transaction value reached $10.351 billion, also up 14%; net income fell 4% to $111 million, while free cash flow rose 156% to $480 million. The company said it worked with more than 2,200 retail banners, representing nearly 100,000 stores.
Uber Eats powers restaurant delivery through Instacart’s app under a partnership announced in May 2024. The Information said overlap among delivery businesses could bring regulatory scrutiny. The outlet also reported that antitrust concerns contributed to the end of DoorDash and Instacart acquisition discussions in 2021. No regulator has announced a review of the current reported talks.
Instacart plans to report third-quarter results after market close Nov. 5, 2026, with a conference call at 5 p.m. ET. The company has not announced a timetable for a sale decision.
