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FOX Business
@FoxBusiness
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Joined July 2009
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DoorDash is buying Instacart in a massive $17 billion deal, bringing two of the biggest names in delivery under one roof. The move marks the end of Instacart as an independent company, just three years after it went public. Now, DoorDash is making a major push into grocery delivery as competition intensifies with Amazon, Walmart and Uber. There’s also a potential perk for customers: The companies say eliminating the need for two separate membership programs could save subscribers an estimated $100 million per year in membership fees alone. See how the $17 billion deal strengthens DoorDash’s push into grocery delivery:
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