Kroger's delivery expansion with DoorDash is bad news for Instacart, analysts say
Core Insights - Shares of grocery-delivery app Instacart experienced a decline in afternoon trading due to increased competition from DoorDash and Kroger, which announced an expansion of their existing partnership to enhance grocery delivery services [1] Company Summary - Instacart's stock performance is negatively impacted by the competitive landscape, particularly from DoorDash and Kroger's strategic collaboration [1] Industry Summary - The grocery delivery industry is witnessing intensified competition as major players like DoorDash and Kroger seek to strengthen their market positions through partnerships [1]