DoorDash buys grocery delivery platform Instacart in $17bn deal

United States

What to know

  • DoorDash shares jumped more than 7pc in pre-market trading today. : DoorDash buys grocery delivery platform Instacart in $17bn dealS1
  • DoorDash on Thursday announced it has agreed to buy Instacart in a $17 deal, combining the nation’s top grocery delivery app with a massive restaurant takeout service.S2
Timeline · newest first
1h Thenextweb

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

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…

2h Siliconrepublic

DoorDash buys grocery delivery platform Instacart in $17bn deal

DoorDash shares jumped more than 7pc in pre-market trading today. : DoorDash buys grocery delivery platform Instacart in $17bn deal

2h Forbes

DoorDash Will Acquire Instacart In $17 Billion Deal

DoorDash will purchase Instacart in a cash and stock deal representing a 26% premium on Instacart’s stock price on October 22, the company said.

3h Nypost

DoorDash buys Instacart for $17B in massive food delivery merger

DoorDash on Thursday announced it has agreed to buy Instacart in a $17 deal, combining the nation’s top grocery delivery app with a massive restaurant takeout service.

3h Moneyweb

DoorDash to buy rival Instacart in $17bn deal

The latest sign of consolidation in an increasingly competitive delivery market.

Developing

DoorDash buys grocery delivery platform Instacart in $17bn deal

5 outlets 5 reports

What to know

  • DoorDash shares jumped more than 7pc in pre-market trading today. : DoorDash buys grocery delivery platform Instacart in $17bn dealS1
  • DoorDash on Thursday announced it has agreed to buy Instacart in a $17 deal, combining the nation’s top grocery delivery app with a massive restaurant takeout service.S2
Timeline · newest first

Sources · 2 citations

S1 Siliconrepublic 1 report · EN
S2 Nypost 1 report · EN
MoneywebLead 1 report · EN
Forbes 1 report · EN
Thenextweb 1 report · EN