Bloomberg · Ville Heiskanen ·

DoorDash moves its Q3 earnings release from November 4 to before the market opens on October 29, amid reports of an imminent ~$17B deal to acquire Instacart

DoorDash Inc., the food delivery provider in talks to take over Instacart, moved its earnings release date forward by almost a week.

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Bloomberg — DoorDash moves its Q3 earnings release from November 4 to before the market opens on October 29, amid reports of an imminent ~$17B deal to acquire Instacart ↗

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Reuters: DoorDash agrees to acquire Instacart in a ~$17B deal, paying $65 per share, a 26% premium to its October 22 close, as the platform delivery market consolidates

Wall Street Journal: DoorDash is in advanced talks to acquire Instacart, and the deal could be finalized as soon as this week and could value Instacart at ~$17B

The Information: Instacart, currently valued at $12B, is in talks to sell itself and held preliminary conversations with DoorDash and Uber; CART jumps 9%+

TechCrunch: DoorDash agrees to acquire Wonder's Grubhub Campus Dining business, formerly Tapingo, for $300M, and will add $125M to Wonder's $650M Series D announced in July

Wall Street Journal: DoorDash unveils new retail partnerships to deliver clothing and footwear; Macy's is listing products directly on the DoorDash app for two-hour delivery

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