DoorDash said on Thursday it would buy Instacart in a deal valued at about $17 billion, stepping up its push into the fast-growing U.S. grocery delivery market as competition among app-based platforms intensifies.DoorDash has offered Instacart shareholders $65 per share held, representing a premium of about 26% to the stock's closing price on October 22 before reports of deal talks first emerged.Delivery companies are chasing growth by expanding into grocery and retail as the restaurant delivery business matures.LOWE'S PARTNERS WITH DOORDASH, ALPHABET'S WING AVIATION ON DRONE DELIVERY SERVICE"...
DoorDash strikes $17B deal for rival Instacart in bet on grocery delivery
HALO Newsroom
Oct 30, 2026 • 7 hours ago
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