DoorDash Will Pay $17 Billion to Acquire Instacart

T2Covered by 1 source · first reported by PYMNTS at 29 Oct, 12:25 UTC

DoorDash is set to acquire online grocery delivery platform Instacart in a deal worth $17 billion. The acquisition, announced Thursday (Oct. 29), creates a combined entity offering grocers and retailer access to DoorDash’s delivery network and Instacart’s grocery and fulfillment technology, the…