Why it matters
The combination could change competition and choices in U.S. restaurant and grocery delivery, affecting customers, grocers, workers and competing services. The extent of any price or service changes is not yet clear.
ECONOMY • UNITED STATES
DoorDash agrees to buy Instacart in deal valued at about $17 billion
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BLUF
DoorDash has agreed to acquire Instacart in a cash-and-stock deal valued at about $17 billion, combining two major delivery businesses. Instacart is expected to keep its brand and app, but the deal still needs regulatory review.
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