Wire flash
WSJ: DoorDash in advanced talks to buy delivery rival Instacart
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DoorDash is reportedly in advanced negotiations to acquire Instacart, its rival in the food-delivery and grocery-delivery space, according to an exclusive report from The Wall Street Journal. The post does not disclose deal terms, valuation, timing, or regulatory considerations. If completed, the transaction would combine two major U.S. delivery platforms, though the report characterizes the talks as advanced rather than final. No statements from either company are included in the source item.
Source report
DoorDash is reportedly in advanced negotiations to acquire its food-delivery competitor Instacart, according to exclusive reporting.
Source: Original report
Source
WSJWestern