PolicyFortuneabout 2 hours ago
DoorDash Buys Instacart for $17 Billion
4 min read
DoorDash announced on Oct. 29 that it is acquiring Instacart for $17 billion, a sum exceeding the acquirer's full year of $13.7 billion in revenue. The deal faces antitrust reviews in the U.S., Canada, and Israel, with a closing expected by the end of 2027 or first half of 2028.
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