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DoorDash to acquire Instacart for $17 billion, creating delivery giant
Delivery giant DoorDash is buying to-your-door grocery service Instacart for $17 billion, the company announced Thursday.
DoorDash has announced that it's buying Instacart in a deal valued at approximately $17 billion. The acquisition will give DoorDash a bigger presence in online grocery delivery via Instacart's established grocery marketplace and retailer partnerships. DoorDash, which started as a restaurant courier service, already has its own grocery delivery business, but that faces ongoing competition […]
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