At a glance
DoorDash has agreed to acquire Instacart in a transaction valued at $17 billion.12345
The combination brings together two prominent delivery services under a single company.23
DoorDash's strong position in restaurant takeout will join Instacart's extensive grocery delivery operation.13
The acquisition provides DoorDash a larger footprint in grocery delivery through Instacart's retailer partnerships.25
Where sources agree
- DoorDash is acquiring Instacart for $17 billion5 of 5
- The deal unites restaurant and grocery delivery services5 of 5
Who covered this
Sources
- 1The New York TimesDoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants ↗
- 2CNBCDoorDash to acquire Instacart for $17 billion ↗
- 3TechCrunchDoorDash to acquire Instacart for $17B ↗
- 4CBS NewsDoorDash gobbles up Instacart in $17 billion deal ↗
- 5The VergeDoorDash is acquiring Instacart for $17 billion ↗
Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.
