DoorDash is offering $17 billion to buy Instacart in a deal that could consolidate the grocery delivery business in the U.S. and abroad.
DoorDash says its planned acquisition of Instacart will create new opportunities for delivery workers. The $17 billion deal would preserve both apps, DoorDash said.
DoorDash is buying Instacart for $17 billion, adding more grocery delivery to its growing arsenal of services.
New York City mayor Zohran Mamdani criticized DoorDash's $17 billion plan to acquire Instacart. Mamdani said the deal could lead to higher prices and worse working conditions.
DoorDash has agreed to acquire Instacart in a deal valued at about $17 billion, marking its biggest acquisition as the food delivery company looks to expand its presence in the US grocery market. The transaction would give DoorDash greater scale as it moves beyond restaurant deliveries into groceries and other retail categories, positioning it to compete more directly with retailers such as Wal...
Acquisition will supercharge DoorDash's grocery delivery, ‘one of the hardest things to get right online', CEO says
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.