DOORDASH INC.

According to reports, DoorDash is in advanced talks to acquire Instacart in a deal that would value the company at about $17 billion. A merger could intensify competition in online grocery against Walmart and Amazon, but would depend on integration, financing and regulatory review. Markets reacted mixedly; DoorDash and Instacart shares moved in opposite directions, and an official confirmation is still pending. DoorDash will report quarterly results on November 4, where details on strategy and financing could emerge. » More on finanzen.net

According to reports, DoorDash is in advanced talks to buy Instacart for a valuation of around $17 billion; a deal is possible but not confirmed. The acquisition would consolidate the online grocery market and intensify competition with Walmart and Amazon. Investor reactions were mixed: DoorDash shares fell while Instacart stock rose. Financing issues and the integration of delivery networks and merchant relationships remain critical to the success of any merger. » More on finanzen.net

Doordash is, according to multiple sources, in advanced talks to acquire Instacart; a deal could value Instacart at about $17 billion and could be completed as soon as this week. Instacart had a market valuation of roughly $13 billion before the reports, and its stock rose after the news. Talks with Uber are no longer active; the acquisition would strengthen Doordash’s position in the grocery delivery business. » More on finanzen.net