DoorDash is buying rival Instacart in a deal worth roughly $17 billion, signaling that the delivery wars continues to heat up.
The deal, announced Thursday, marks an end for Instacart as an independent company. Instacart went public in 2023 and benefited from a pandemic-era boom for the grocery delivery service, but it has struggled to maintain its momentum against larger competitors, like Uber, Amazon and Walmart.
