DoorDash agrees to $17 billion deal to expand with Instacart
The acquisition brings together the largest US restaurant delivery service and its biggest online grocery platform, expanding DoorDash’s grocery business through Instacart’s marketplace and retailer relationships. Most of the purchase will be paid in cash financed through borrowing, according to The Information, which reported that sale talks emerged just days earlier.
- Bloomberg reports DoorDash moved its earnings release forward by almost a week.
Covered by 15 publishers within 14 hours of the first report.
- The Verge: DoorDash is acquiring Instacart for $17 billion
- Latest Financial Times: DoorDash buys Instacart just as AI rewrites the menu
Reporting15
Bloomberg DoorDash Moves Earnings Date Forward Amid Instacart Deal Reports · Ville Heiskanen
New York Times DoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants · Emmy Martin and Lauren McCarthy
Business Insider DoorDash plans to buy Instacart for $17 billion, creating a delivery powerhouse · Alex Bitter
The Verge DoorDash is acquiring Instacart for $17 billion · Jess Weatherbed
Financial Times DoorDash to acquire Instacart for $17bn
Fast Company Why DoorDash is spending $17 billion to acquire Instacart · Kristen Hawley
The Information How Instacart Ended Up in DoorDash’s Cart · Valida Pau
Engadget DoorDash acquires Instacart in $17 billion delivery service merger · staff@engadget.com (Anna Washenko)
PYMNTS DoorDash Will Pay $17 Billion to Acquire Instacart · PYMNTS
The Next Web DoorDash agrees to buy Instacart in a deal worth about $17bn · Ana Maria Constantin
TechCrunch DoorDash to acquire Instacart for $17B · Aisha Malik
AppleInsider DoorDash to buy Instacart for $17 billion, slashing user options · Oliver Haslam
Android Headlines DoorDash to Acquire Instacart in $17 Billion Deal to Expand Grocery Delivery Business · Chandan Pandit
RuntimeWire DoorDash agrees to buy Instacart for $17B, combining delivery networks · Ryan Merket
iPhone in Canada DoorDash Is Buying Instacart for $17B, and Canada Gets a Say · Usman Qureshi
Discussion
Hacker News 12 points, 5 comments