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DoorDash Said to Be Near $17 Billion Deal for Instacart
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DoorDash is reportedly nearing a deal valued at $17 billion, according to a post on X. The same post notes that in 2021 DoorDash had tried to work out a merger with Instacart. The item does not specify the counterparty, structure, or timing of the current deal, nor does it confirm whether the transaction has been finalized. The comparison to the earlier Instacart merger exploration frames the new development as a fast-moving consolidation step for DoorDash. Details remain limited to the single social media post, and no official confirmation or additional terms were provided in the source text.
Source report
DoorDash, which in 2021 explored a potential merger with Instacart, is now nearing a deal valued at $17 billion.
(Source: @validapau)
Source
amir