DoorDash deal to buy Instacart could come Thursday

· Tech · United States

DoorDash's deal to buy Instacart could be announced as early as Thursday morning, sources told CNBC, after speculation swirled since last week. Several outlets reported the acquisition could value Instacart at roughly $17 billion. A deal would combine two major US delivery platforms, consolidating the grocery and restaurant delivery market at a time of intense competition and thin margins.

Why it matters：Consolidation among delivery platforms could reshape pricing and labor practices in a sector that touches millions of households and gig workers.

Key points

  • The deal could be announced as early as Thursday morning.
  • Instacart could be valued at roughly $17 billion.
  • Speculation has swirled since last week.

Sources (original reporting)

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