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DoorDash buys Instacart for US$17 billion

TechnologyInternationalEnter.co15 s readAI summary

DoorDash announced a definitive agreement to buy Instacart for US$65 per share, about US$17 billion in total, in one of the largest mergers in the delivery industry. The price represents a 26% premium over Instacart's closing price on October 22, the last day before the deal became public.

Read the full story at Enter.co

IASummary generated by artificial intelligence from a story by Enter.co. It may contain errors: the original source prevails.

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