✉news BusinessRetail first seen 3 d ago, last 3 d ago, peak #26
DoorDash weighs $17 billion Instacart acquisition
Original: DoorDash circles $17 billion Instacart acquisition as Caper Carts business is wound down
DoorDash is reportedly exploring a $17 billion acquisition of grocery delivery rival Instacart, while simultaneously winding down its Caper Carts smart trolley business. The move would combine two of the largest players in US grocery delivery and signal DoorDash's push deeper into the grocery market. Industry watchers are debating the price tag and what the retreat from in-store cart technology says about DoorDash's priorities.
Why now: A potential mega-deal reshaping the US grocery delivery market is drawing attention as DoorDash restructures its retail technology bets.
Rank over time, top of the chart is #1. 2 snapshots from 3 d ago to 3 d ago.
Evidence
- DoorDash circles $17 billion Instacart acquisition as Caper Carts business is wound down · Retail Technology Innovation Hub
- DoorDash circles $17 billion Instacart acquisition as Caper Carts business is wound down · Retail Technology Innovation Hub
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