DoorDash agrees to buy Instacart in a deal worth about $17bn

T2Covered by 1 source · first reported by TNW at 29 Oct, 13:38 UTC

DoorDash has agreed to buy grocery delivery rival Instacart in a cash-and-stock deal valuing the company at about $17bn. The acquisition would bring two of the biggest US delivery platforms under one roof, expanding DoorDash’s reach in grocery shopping. The companies announced the deal on Thursday…