DoorDash in talks to acquire Instacart for $17 billion
DoorDash is in advanced negotiations to buy grocery-delivery platform Instacart in a deal valued at about $17 billion, according to a source. The deal could be finalized as soon as Wednesday, though it is not guaranteed. Instacart's talks with Uber have ended. Instacart's shares rose 8%, while DoorDash shares fell 6%. The acquisition would combine Instacart's marketplace with DoorDash's delivery network.
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