DoorDash is acquiring Instacart for around $17 billion

Speculation around a deal started circulating last week. | Photographer: Michael Nagle/Bloomberg via Getty Images DoorDash has announced that it's buying Instacart in a deal valued at approximately $17 billion. The acquisition will give DoorDash a bigger presence in online grocery delivery via Instacart's established grocery marketplace and retailer partnerships. DoorDash, which started as a restaurant courier service, already has...