DoorDash is acquiring Instacart for around $17 billion

T1Covered by 1 source · first reported by The Verge at 29 Oct, 11:56 UTC

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 via Instacart's established grocery marketplace and retailer partnerships. DoorDash, which started as a restaurant courier…