Instacart in talks for sale: The Information
Shares of Instacart closed about 9% higher and were up nearly 1% in extended trading. The company currently has a market value of about $12 billion.
Via Economic Times
Synopsis
Shares of Instacart closed about 9% higher and were up nearly 1% in extended trading. The company currently has a market value of about $12 billion.
ReutersFILE PHOTO: Smartphone with displayed Instacart logo is seen in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Grocery delivery platform Instacart is exploring a possible sale and has held preliminary discussions with potential buyers including Uber and DoorDash, The Information reported on Friday, citing people familiar with the matter.
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