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DoorDash gobbles up Instacart in $17 billion deal

2 sources

6h agonow

Confirmed by 2
What the 2 sources said
CBS News
“DoorDash gobbles up Instacart in $17 billion deal”

DoorDash's purchase of Instacart for $65 per share will unite two of the country's largest grocery and food-delivery companies.

Read at CBS News
The Hill
“DoorDash buying Instacart for $17B”

DoorDash announced Thursday it will acquire Instacart, buying the grocery delivery company for around $17 billion. Instacart will keep its brand name, and customers will be able to continue using the app for their grocery shopping orders, DoorDash said in a statement. The acquisition received unanimous approval from Instacart's board of directors. The deal will...

Read at The Hill
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