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DoorDash agrees to acquire Instacart for about $17 billion

The deal would expand DoorDash's grocery delivery reach and strengthen its position against Amazon and Walmart.

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DoorDash agreed to acquire Instacart for roughly $17 billion after the grocery delivery company explored a sale to Uber. The companies raced to finalize the deal before quarterly earnings, agreeing on a price roughly 30% above Instacart’s shares before news of the talks broke. Full story: This deal was exclusively reported by The Information with our scoop last Friday, October 23rd. Instacart Exploring a Sale: DoorDash Nears Deal to Buy Instacart in $17 Billion Deal:
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DoorDash announced a deal to buy Instacart for about $17 billion, a move that would expand its grocery delivery reach if completed. The Verge says Instacart's marketplace and retailer partnerships could help DoorDash compete with Amazon and Walmart.
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How the headline evolved

  1. DoorDash agrees to acquire Instacart for about $17 billion

  2. DoorDash agrees to acquire Instacart for about $17 billion

  3. DoorDash agrees to buy Instacart for about $17 billion

  4. DoorDash agrees to buy Instacart for about $17 billion

  5. DoorDash agrees to buy Instacart for about $17 billion

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