FinanceWall Street Journalabout 3 hours ago
DoorDash Buys Instacart for 17 Billion
2 min read
DoorDash acquires Instacart for $17 billion to expand grocery delivery capabilities. The deal preserves the Instacart brand and app while granting customers access to 50,000 additional stores. DoorDash's market share rose to 59%, surpassing Instacart's 18% share in the U.S. delivery sector.
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