The giant of online delivery is preparing for what could be a possible transaction that might consolidate the market for food delivery services. This news has been reported by Business Times Singapore, a British weekly known for its economic and financial analyses. The article cites people familiar with the event, thus confirming the truth of the statement.

Conversations between Instacart and Uber Eats/Door Dash have been described as 'pre-arrangements', indicating that these may just be preliminary steps in the process of identifying potential buyers.

An important factor has also been mentioned: competition among food delivery companies.

DoorDash and Uber Eats are increasing their presence in food delivery, which could make them more competitive than Instacart. Additionally, antitrust concerns have been raised. If Instacart were acquired by either Uber or DoorDash, it would have significant implications on the food delivery sector's competition. One reason these potential buyers might be interested in Instacart is its business model: combining a delivery marketplace with a large customer base. This could help consolidate their online food delivery projects. Before the recent change from free minimum order of $10, Instacart already had high value.

The negotiations with Uber and DoorDash could lead to an increase in this value, further enhancing its valuation. The decision by Uber and DoorDash not to comment on the situation has been interpreted as a signal of interest.

Even though it's not a definitive transaction, these two big players have been paying attention to each other when it comes to food delivery market deals. Analyst Zak Stambor has highlighted that a possible deal between Instacart and one of the two buyers could be useful for improving Instacart’s competitiveness by allowing them to compete better with their rivals.

The article also cites some information related to Instacart’s history, such as its action of releasing lower prices for Instacart+ members’ deliveries and its efforts to strengthen its presence in food delivery through the use of Amazon Now.