DoorDash is acquiring Instacart for $17 billion
DoorDash has announced that it's buying Instacart in a deal valued at approximately $17 billion.
The deal unites two delivery giants under one roof, with DoorDash's focus on restaurants and Instacart's robust stable of grocery partners.
The acquisition will give DoorDash a bigger presence in online grocery delivery thanks to Instacart's established grocery marketplace and retailer partnerships, with Instacart CEO Chris Rogers saying the deal will make "online grocery more seamless and affordable" for millions of […].
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