BusinessPhoto: Mint CompaniesDoorDash Likely to Announce $17 Billion Instacart Buyout
DoorDash is expected to announce its proposed $17 billion (₹1.6 lakh crore) purchase of Instacart as early as Thursday, according to sources. The deal would expand DoorDash's online grocery delivery presence. Instacart shares rose 4% in extended trading, while DoorDash shares fell slightly. Neither company has confirmed the agreement yet. Instacart had explored a sale and held talks with Uber previously.
Mint Companies·


