DoorDash to acquire Instacart in $17bn deal, promising more store choices
DoorDash announced it will buy Instacart in a $17bn transaction, saying the deal will broaden options for customers, the BBC reported.
DoorDash announced it will buy Instacart in a $17bn transaction, saying the deal will broaden options for customers, the BBC reported. The firms said Instacart shoppers will be able to buy from 150,000 stores, compared with the 100,000 currently available on the platform. By increasing the number of participating retailers, the acquisition aims to expand the range of products that users can order online. The move is presented as a way to give consumers more choice when they shop for groceries and other items through the combined service.
Why it matters
The merger will let shoppers access a larger selection of stores, potentially reshaping online grocery shopping options.
Key details
- Location
- United Kingdom · Europe
- Reported by
- BBC News
- First reported
- Key names
- Instacart
- Section
- Business
Sources
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