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DoorDash Plans to Acquire Grocery Delivery Service Instacart in $17B Deal
When the deal is complete, both companies are expected to continue operating separately. Your takeout app might soon be handling all your grocery runs, too.
AI Summary
DoorDash announced Thursday that it will acquire grocery‑delivery service Instacart in a deal valued at $17 billion. The transaction would make the U.S. food‑delivery leader expand into grocery orders while keeping the two brands operating as separate entities. The announcement signals DoorDash’s intent to broaden its logistics portfolio beyond restaurant takeout.
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