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DoorDash to buy Instacart for $17 billion

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[The Information] DoorDash is acquiring Instacart in a deal valued at roughly $17 billion, according to The Information, a combination that would make the merged company a constant presence for shoppers ordering groceries and restaurant meals online for home delivery. Instacart went public in 2023 and has lately seen slower revenue growth, according to the report.

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