Maplebear (CART), which does business as Instacart, is weighing a potential sale and has held preliminary discussions with Uber (UBER) and DoorDash (DASH), The Information reported Friday, citing people familiar with the matter.
A potential deal could value Instacart at about $16 billion to $17 billion, accounting for a 30% to 40% premium typical of takeover transactions, according to the report.
Discussions are ongoing and that there is no guarantee that a deal will be formalized, The Information said.
An Instacart spokesperson declined to comment, while Uber and DoorDash did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

