DoorDash Is Buying Instacart for $17 Billion

Exclusive: Fractile raises £540m in new Series C funding, filings show

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.

DoorDash agrees to buy Instacart in a deal worth about $17bn

DoorDash has agreed to buy grocery delivery rival Instacart in a cash-and-stock deal valuing the company at about $17bn. The acquisition would bring two of the biggest US delivery platforms under one roof, expanding DoorDash’s reach in grocery shopping. The companies announced the deal on Thursday.

Microsoft sells at least $25bn of bonds, its first US deal since 2017

Microsoft is looking to raise at least $25bn through a US bond sale, its first high-grade debt offering in the country since 2017, Bloomberg reported, citing people familiar with the matter. The deal is divided into as many as 10 tranches, with repayment dates ranging from two to 40 years.

Deepgram acquires Pipecat-maker Daily to bolster its voice AI infrastructure

Deepgram said that it is committed to keep Pipecat open source.

DoorDash acquires Instacart in $17 billion delivery service merger

The deal combines the two largest grocery delivery platforms in the US.