DoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants
DoorDash Instacart acquisition
Covered by 6 sources
- Inc Magazine·13h agoDoorDash’s $17 Billion Instacart Deal Could Save Members $100 Million. The Bigger Risk Is Easy to Miss
Combining DashPass and Instacart+ could cut subscription costs. However, an antitrust lawyer warns the deal could ultimately lead to price increases.
Read at Inc Magazine → - Silicon Republic·15h agoDoorDash buys grocery delivery platform Instacart in $17bn deal
DoorDash shares jumped more than 8.5pc in pre-market trading today.
Read at Silicon Republic → - CBC Top Stories·16h agoDoorDash to buy rival Instacart for $17B US as it bets on grocery delivery
Rising cost pressures and tough regulatory scrutiny over the treatment of gig workers have spurred deals in the industry, with many smaller players being eaten up by competitors in recent years.
Read at CBC Top Stories → - The Verge·16h agoDoorDash is acquiring Instacart for $17 billion
Speculation around a deal started circulating last week. | Photographer: Michael Nagle/Bloomberg via Getty Images DoorDash has announced that it's buying Instacart in a deal valued at approximately $17 billion. The acquisition will give DoorDash a bigger presence in online…
Read at The Verge → - NYT Business·17h agoDoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants
The deal combines the country’s largest restaurant delivery service with its biggest online grocery platform.
Read at NYT Business →
