Chethan MachaknurDoorDash in talks to buy Instacart
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US food delivery firm DoorDash Inc. held talks over the past two months to buy grocery delivery company Instacart for a likely price of between $40 billion and $50 billion, 'The Information' reported on Wednesday, citing people familiar with the situation.
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Instacart had also separately initiated talks with Uber about a sales partnership, like Uber's partnership with GoPuff, under which customers of Uber's food delivery service can buy items from GoPuff, the report said, citing a person familiar with the situation. These talks have also fallen apart.