FinanceSilicon Republicabout 1 hour ago
DoorDash reportedly close to buying Instacart
2 min read
DoorDash is in advanced talks to buy Instacart in a deal that could value the grocery-delivery platform at around $17bn, sources have told news publications. The deal could materialise as soon as tomorrow (28 October). Instacart shares jumped nearly 8pc at market close yesterday (26 October), valuing the company at $14.4bn, while DoorDash dropped more than 6pc to nearly $73bn.
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