DoorDash to buy Instacart in a $17 billion deal
By PBS NewsHour
Delivery giant DoorDash is buying Instacart in a $17 billion deal, pending regulatory approval. Instacart would retain its name and app while customers could order through either platform. Instacart shoppers would also gain access to 50,000 additional stores through DoorDash. The merger would help the companies…
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Merger
The combination of two companies into one, often negotiated alongside an acquisition, where one company buys another.
Deals reshape industries and can affect prices, jobs and competition, so regulators often review them.
More about MergerMore in Business
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