Previous Close | 1,207.96 |
Open | 1,204.07 |
Bid | 1,200.14 x N/A |
Ask | 1,202.71 x N/A |
Day's Range | 1,202.00 - 1,205.41 |
52 Week Range | 655.11 - 1,397.99 |
Volume | |
Avg. Volume | 4,085 |
Market Cap | 2.518T |
Beta (5Y Monthly) | 1.36 |
PE Ratio (TTM) | 81.61 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Grocery delivery service Instacart (CART), which is incorporated as Maplebear, is partnering with Uber (UBER) to bring restaurant deliveries to the former's app. Uber Eats' order platform and drivers will power this expansion. Catalysts Hosts Seana Smith and Madison Mills comment on what this collaboration means for competitors like DoorDash (DASH) in the delivery service landscape. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
Uber said Tuesday that it will team up with Instacart to add restaurant meals to Instacart's grocery delivery app. In early trading, the announcement played as good news for Instacart stock but bad news for rival DoorDash, while Uber stock traded sideways. Uber said Instacart customers will soon be able to order restaurant meals through the Instacart app, powered by Uber Eats.
(Bloomberg) -- Instacart is partnering with Uber Technologies Inc. to offer restaurant delivery through the Instacart app — taking on the top US food delivery app, DoorDash Inc.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’Instacart users in the US will be able to order from hundreds of thousa