Browsing Tag
DashPass
2 posts
DoorDash to acquire Instacart for $17bn, but CART’s 15% deal discount raises questions
DoorDash has agreed to acquire Instacart for approximately $17 billion, combining two major US delivery platforms as they seek a larger role in grocery technology, retail advertising and local commerce. The transaction offers considerable strategic potential, but its financing structure, lengthy completion timetable and regulatory requirements complicate the investment case.
DoorDash (NASDAQ: DASH) adds 350-plus regional grocery stores as it tightens hold on U.S. third-party delivery
DoorDash is no longer chasing national grocery chains. It is locking up regional banners Instacart cannot afford to lose. DASH earnings land May 6.