DoorDash is acquiring Instacart for $17 billion
· theverge.com · popularity 57/100 · 5 similar stories today · Corporate News & M&A (Business & Finance)
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Summary
The deal could help DoorDash’s grocery business compete against Amazon and Walmart. 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 grocery delivery thanks to Instacart’s established …
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