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DoorDash to acquire Instacart for $17B
The acquisition would bring two major players in on-demand delivery under one roof, combining DoorDash’s dominance in restaurant takeout with Instacart’s reach in grocery delivery.
By TechCrunch
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·Excerpt
DoorDash announced on Thursday that it has agreed to acquire rival Instacart for $17 billion. The acquisition would bring two major players in on-demand delivery under one roof, combining DoorDash’s dominance in restaurant takeout with Instacart’s reach in grocery delivery.
DoorDash will buy Instacart for a total value of $65 for each Instacart share, the…
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