DoorDash (DASH.US) is the most likely to take over Instacart (CART.US), analyst: this combination is the "optimal solution" to counter Amazon and Walmart.
Zhitong Finance APP has learned that, according to reports, Instacart (CART.US) is evaluating sale options, with Uber (UBER.US) and DoorDash (DASH.US) initially seen as potential bidders. Although reports indicate that Uber has ended acquisition talks, DoorDash currently appears to be the most likely to take over this competitor in the grocery delivery space. Analysts generally believe that a merger between Instacart and DoorDash is the most likely to materialize and is also the combination best positioned to counter the continued expansion of Amazon (AMZN.US) and Walmart (WMT.US) in grocery delivery.
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