DoorDash is in advanced discussions to acquire Instacart for about $17 billion, while talks between Instacart and Uber have ended, a source told rivals.
DoorDash is reportedly negotiating a purchase of Instacart valued at roughly $17 billion, according to a source familiar with the matter. The discussions are taking place as Instacart's earlier talks with Uber have reportedly ended.
A source told rivals that the deal between Instacart and Uber is no longer active, confirming that the focus has shifted to DoorDash's potential acquisition.
The potential acquisition could reshape the grocery delivery market, affecting consumers and competing platforms.
The deal is reported to be worth $17 billion.
No, a source said Instacart's deal talks with Uber are no longer active.
Follow Briefzora
Get breaking news where you already read.
Get breaking news alerts
Be the first to know when big stories break. Only the important ones, and you can switch them off any time.
Something went wrong. Please try again.
You're in!
We'll alert you to the big stories.
Alerts are blocked
To turn them on, click the lock icon next to the address bar, allow Notifications, then reload the page.