DoorDash is reportedly in advanced talks to buy rival Instacart for about $17 billion, which could change how you order food and groceries.
DoorDash may be about to buy Instacart. The Wall Street Journal reports that the two companies are in advanced talks on a deal worth about $17 billion. If it goes through, two of the biggest food and grocery delivery apps would become one company.
Fast Company reported on the news and on how DoorDash stock reacted to the report. The details come from the Journal's reporting, not from an announcement by either company.
DoorDash and Instacart are rivals in delivery. People use them to get restaurant meals and groceries brought to their door. If the two merge, shoppers could see changes in their choices, fees and prices. Stores and restaurants that sell through these apps could be affected too.
The material does not say what would happen to the Instacart app or brand. It does not say whether fees or prices would change, or when. It also does not say whether regulators would review the deal. Those answers depend on whether a deal is actually signed.
Watch for an official announcement from either company. The report says a deal could land this week, but talks can still fall apart.
Nothing changes for your orders today, but a DoorDash and Instacart deal could affect your delivery choices, fees and prices if it is signed.
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