DoorDash is acquiring Instacart for $17 billion

Speculation astir a woody started circulating past week. | Photographer: Michael Nagle/Bloomberg via Getty Images

DoorDash has announced that it's buying Instacart successful a woody valued astatine astir $17 billion. The acquisition volition springiness DoorDash a bigger beingness successful online market transportation acknowledgment to Instacart's established market marketplace and retailer partnerships, with Instacart CEO Chris Rogers saying the woody volition marque "online market much seamless and affordable" for millions of households.

DoorDash says the acquisition volition springiness Instacart users acces to much than 50,000 further stores, and let DashPass and Instacart Plus members to "pay 1 rank interest alternatively of two." The woody is expected to adjacent "in the extremity of 2027 oregon the archetypal fractional …

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