DoorDash Agrees to Buy Instacart for $17 Billion
DoorDash has agreed to acquire Instacart in a $17 billion deal.
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12:20:14 PM UTC
SquawkNews
By Kelly CloonanInstacart's third-quarter revenue climbed as consumers spent more on its food-delivery platform.The results landed alongside confirmation of DoorDash's agreement to buy Instacart in a deal that values its rival at about $17 billion in cash and stock. The Wall Street Journal reported…