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DoorDash gobbles up Instacart in $17 billion deal

Photo: CBS News

DoorDash said Thursday that it will buy Instacart for $17 billion, uniting one of the nation's top grocery delivery services with a major food delivery company.

DoorDash, which will pay $65 per share for Instacart, said the acquisition will benefit communities by enabling more supermarkets to use Instacart's platform to run their websites.

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