DoorDash to Acquire Instacart in $17 Billion Deal
· 16h ago · Originally reported by ABC News - Breaking News, Latest News and Videos
DoorDash has announced plans to acquire Instacart in a transaction valued at approximately $17 billion. The deal brings together two major players in the food and grocery delivery sector, potentially impacting their advertising and retail media businesses.
Why it matters
This merger could reshape the retail media landscape, as both companies have growing advertising platforms targeting consumers at the point of purchase.
Explain it like I’m new here
It's like two big delivery companies teaming up, which could change how ads show up when you order food or groceries online.
The deal
DoorDash → Instacart · acquisition · announced · $17B
See the full M&A tracker.
Read the original at ABC News - Breaking News, Latest News and Videos
Terms in this story
Go deeper
Related stories
DoorDash to Acquire Instacart in $17 Billion Deal
DoorDash has announced plans to acquire Instacart in a deal valued at $17 billion. This move brings together two major players in the on-demand delivery and retail media sectors.
DoorDash Acquires Instacart for $17 Billion to Expand Grocery Delivery
DoorDash has announced the acquisition of Instacart for $17 billion, aiming to strengthen its position in the grocery delivery market. This move brings together two major players in the on-demand delivery and retail media sectors.
DoorDash to Acquire Instacart in $17 Billion Deal
DoorDash has reached an agreement to acquire Instacart for $17 billion. This major transaction brings together two leading players in the on-demand delivery and retail media sectors.
DoorDash to Acquire Instacart in $17 Billion Deal
DoorDash has announced plans to acquire Instacart for approximately $17 billion. This major transaction brings together two leading players in the food and grocery delivery sectors.
DoorDash to Acquire Instacart in $17 Billion Deal
DoorDash has announced plans to acquire Instacart for $17 billion, combining two of the largest players in the delivery and grocery fulfillment sector. The deal aims to create a more robust platform for both restaurant and grocery delivery…
Instacart Ad Revenue Rises 23% to $331 Million Ahead of DoorDash Acquisition
Instacart reported a 23% year-over-year increase in ad and other revenue, reaching $331 million in the latest quarter. Revenue per order from ads grew 12%, now making up 30% of Instacart's total revenue. Some advertiser contracts may…