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DoorDash to buy rival Instacart for $17B US as it bets on grocery delivery

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DoorDash to buy rival Instacart for $17B US as it bets on grocery delivery
Photo / Coverage: CBC - Business
EXECUTIVE SUMMARY

Rising cost pressures and tough regulatory scrutiny over the treatment of gig workers have spurred deals in the industry, with many smaller players being eaten up by competitors in recent years.

Key Takeaways

  • DoorDash to buy rival Instacart for $17B US as it bets on grocery delivery.
  • Rising cost pressures and tough regulatory scrutiny over the treatment of gig workers have spurred deals in the industry, with many smaller players being eaten up by competitors in recent years.
  • Rising cost pressures and tough regulatory scrutiny over the treatment of gig workers have spurred deals in the industry, with many smaller players being eaten up by competitors in recent years.

Rising cost pressures and tough regulatory scrutiny over the treatment of gig workers have spurred deals in the industry, with many smaller players being eaten up by competitors in recent years.

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Published originally on CBC - Business

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OTHER MEDIA SOURCES COVERING THIS STORY
2 Publishers Reporting
The Globe and Mail - Business
DoorDash strikes $17-billion deal for rival Instacart as grocery delivery race heats up

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