DoorDash to acquire Instacart for $17B
The acquisition would bring two major players in on-demand delivery under one roof, combining DoorDash’s dominance in restaurant takeout with Instacart’s reach in grocery delivery.
The acquisition will allow the company to expand its business into international markets without needing to launch a delivery network in those regions.
The federal agency alleged Instacart misled consumers with unlawful tactics, causing them to pay higher fees while also denying refunds.
The delivery app has claimed that price testing is part of a longstanding practice in retail sales.