1. DoorDash to acquire Instacart for $17 billion, keeping its app and brand unchanged

DoorDash to acquire Instacart for $17 billion, keeping its app and brand unchanged

World

  • US food delivery company DoorDash agreed to buy grocery delivery platform Instacart for $17 billion.
  • The deal values Instacart shares at $65 each, with most payments made in cash.
  • • DoorDash plans to keep Instacart's app & brand while combining delivery services & memberships.
  • The deal is expected to close by late 2027 or early 2028, after regulatory approval.

Source: nypost.com

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