DoorDash Nears Deal to Buy Instacart in $17 Billion Deal

DoorDash is currently in advanced talks to acquire Instacart for approximately $17 billion, according to sources familiar with the matter. The deal could be officially announced in the coming days, provided negotiations do not collapse at the last minute. This potential acquisition was first reported by The Information on Friday, and Reuters has also confirmed that DoorDash is in discussions to purchase the company for roughly $17 billion as they move toward a final agreement.