BUSINESS
DoorDash to Acquire Instacart in $17 Billion Deal
DoorDash announced on Thursday it will acquire Instacart for approximately $17 billion, or $65 per share. The deal combines two major U.S. delivery platforms—DoorDash's restaurant and food delivery service with Instacart's grocery delivery operations—and is expected to close by the end of 2027 or early 2028.
Left7
Left-leaning outlets frame the merger as uniting two delivery giants and creating a comprehensive delivery powerhouse that combines restaurant takeout dominance with a robust grocery delivery network.
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Right1
The New York Post describes it as a 'massive food delivery merger' combining 'the nation's top grocery delivery app with a massive restaurant takeout service.'