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Uber And Instacart Team Up. Rival DoorDash Stock Falls.

Uber And Instacart Team Up. Rival DoorDash Stock Falls.

Uber said Tuesday that it will team up with Instacart to add restaurant meals to Instacart's grocery delivery app. The announcement played as good news for Instacart stock but bad news for rival DoorDash, while Uber stock traded also closed lower. Uber said Instacart customers will soon be able to order restaurant meals through the Instacart app, powered by Uber Eats.