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DoorDash is acquiring Instacart for $17 billion

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 thanks to Instacart's established grocery marketplace and retailer partnerships, with Instacart CEO Chris Rogers saying the deal will make "online grocery more seamless and affordable" for millions of […]

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PublicationSanalda Haber

SourceThe Verge

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CategoryTechnology

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