| Rio |
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| JU Warrior |
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| Reged: 04/09/07 |
| Posts: 134335 |
| Loc: Cincinnati, Ohio |
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DoorDash is buying Instacart for $17 billion 10/29/26 07:43 AM
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DoorDash is buying Instacart for $17 billion By Jordan Valinsky UPDATED 1 HR 21 MIN AGO
New York — DoorDash is buying rival Instacart in a deal worth roughly $17 billion, signaling that the delivery wars continue to heat up. The deal, announced Thursday, marks an end for Instacart as an independent company. Instacart went public in 2023 and benefited from a pandemic-era boom for the grocery delivery service, but it has struggled to maintain its momentum against larger competitors, like Uber, Amazon and Walmart.
Combining Instacart and DoorDash would create a larger company that better competes with those rivals. Amazon, for example continues to expand its same-day grocery service, which now totals 2,300 locations, while Walmart now offers 30 minute delivery in some places. Meanwhile, Uber has expanded its offerings, recently inking a deal with Costco….
https://www.cnn.com/2026/10/29/business/doordash-instacart-acquisition
Rio: "Warriors...Come out to playay!!!!!!!!!"
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