DoorDash is reaching for the crown in grocery retail! Acquisition of Instacart for 17 billion USD!
Reading Time: 3 minutes
Billion acquisition: DoorDash buys the grocery specialist Instacart for 17 billion USD, 65.00 USD per share represents a premium of 26% Record quarter: Q3 revenue increases by 34% to 4.62 billion USD, adjusted EBITDA climbs to 1.06 billion USD Frontline attack on retail giants: The transaction consolidates marketplace logistics against the margin pressure from Amazon and Walmart With the planned acquisition of Instacart for approximately 17 billion USD or 65 USD per share, DoorDash (DASH) is advancing its transformation from a restaurant...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
