DoorDash gobbles up Instacart in $17 billion deal
DoorDash said Thursday that it will buy Instacart for $17 billion, uniting one of the nation's top grocery delivery services with a major food delivery company.
"Instacart has spent years learning to do that well for grocers, while DoorDash has built a delivery network and technology that local stores rely on every day," Tony Xu, co-founder and CEO of DoorDash, said in a statement. "Together, we could give stores of every size more of those tools and unlock the potential of grocery delivery."
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