DoorDash Plans to Buy Instacart for About $17 Billion

DoorDash has announced it will buy Instacart, the grocery delivery company, in a deal worth about $17 billion. The figure comes from DoorDash's newsroom and The Verge. The news follows October 26 reports that the two companies were in serious negotiations. Other terms of the deal, beyond the total price, have not been detailed in available reporting.