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.
Shares of Maplebear rose on news that its Instacart grocery-delivery app will let customers order from restaurants served by Uber Eats.
Instacart is teaming up with Uber Technologies to bring delivery to its customers through Uber Eats.