DoorDash to buy Instacart for $17bn in major grocery delivery consolidation
Acquisition will supercharge DoorDash’s grocery delivery, ‘one of the hardest things to get right online’, CEO says DoorDash is gobbling up Instacart in a $17bn acquisition that will supercharge its grocery delivery business.
Key points
- Instacart customers will now have access to 50,000 additional stores covered by DoorDash, the company said.
- Grocers can also choose to work with Instacart or DoorDash.
Instacart shoppers will be able to buy from 150,000 stores, compared to the 100,000 currently available on the platform, the firms said.
DoorDash said the Instacart brand name and app will remain, and Instacart shoppers can continue fulfilling orders for Instacart.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
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