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DoorDash Moves Closer to $17 Billion Acquisition of Instacart Amid Investor Concerns

DoorDash Moves Closer to $17 Billion Acquisition of Instacart Amid Investor Concerns

DoorDash in talks to buy Instacart in roughly $17 billion deal
DoorDash in talks to buy Instacart in roughly $17 billion deal

DoorDash is in advanced talks to acquire Instacart in a deal that could value the grocery-delivery platform at about $17 billion, a source familiar with the matter told Reuters on Monday.

DoorDash is in talks to buy Instacart in a roughly $17 billion deal
DoorDash is in talks to buy Instacart in a roughly $17 billion deal

Instacart had a market value of about $13 billion at Friday's close, and a deal could be finalized as soon as this week

DoorDash in advanced talks to acquire Instacart for $17b
DoorDash in advanced talks to acquire Instacart for $17b

Instacart shares rose about 8% in regular trading, while DoorDash fell about 6%.

DoorDash Reportedly Near $17 Billion Instacart Deal. Why Investors Are Uneasy.
DoorDash Reportedly Near $17 Billion Instacart Deal. Why Investors Are Uneasy.

DoorDash stock fell sharply after reports it could buy Instacart. Analysts say the deal would weigh on the stock in the short-term.

DoorDash reportedly close to buying Instacart at $17bn equity value
DoorDash reportedly close to buying Instacart at $17bn equity value

In July, Instacart bought Israeli AI start-up Arpalus that provides real-time visibility into supermarket shelves.

DoorDash in talks to buy delivery rival Instacart in $17B deal: report
DoorDash in talks to buy delivery rival Instacart in $17B deal: report

DoorDash is in advanced talks to acquire Instacart in a deal that could value the grocery-delivery platform at about $17 billion, a source familiar with the matter told Reuters on Monday.A deal...

DoorDash Nears Deal to Buy Instacart in $17 Billion Deal
DoorDash Nears Deal to Buy Instacart in $17 Billion Deal

DoorDash is in advanced talks to buy Instacart for around $17 billion, according to people familiar with the matter. A deal could be announced in the coming days, assuming it doesn’t fall apart...

DoorDash in advanced talks to acquire Instacart in $17 billion deal, reports say
DoorDash in advanced talks to acquire Instacart in $17 billion deal, reports say

DoorDash is in advanced talks to acquire grocery delivery rival Instacart in a deal valued at approximately $17 billion, according to reports from The Wall Street Journal and Reuters. The...

DoorDash Circles Deal to Buy Instacart
DoorDash Circles Deal to Buy Instacart

Plus, Brazilian markets crashed after Lula’s surprise election victory, and Florida is leading a battle against big tech companies.

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