alt Hacker NewsDoorDash is acquiring Instacart for $17B
Comments
I really don’t understand people who use these? Is it really that hard to go drive to Taco Bell or the grocery store and buy your food there? Every time I have used one of these services I have had a terrible customer experience.
Or are people so antisocial now that going and grabbing groceries yourself is too much to handle?
And fwiw, I’m not against delivery. I use Amazon fresh frequently but I would argue that is much more efficient. Dedicated drivers and warehouses optimized for grocery is societally useful.
Paying an immigrant worker half a dollar to drive some tacos to a member of the upper class when the math has never worked out in the immigrant’s favor seems… bad? Or atleast a good way to turbocharge inequality
I’ve literally never ordered from any of these 3 companies.
I do wonder what percentage of their orders are McDonalds. I lived near one and the car traffic of vehicles with delivery placards was significant.
Which makes me wonder about pricing pressure that is often reported re: McDonalds, and yet people end up paying $30-40 for a $15 McDonalds order.
Don’t get it.
My new years resolution for 2026 was to quit using 3rd party delivery companies. It was annoying at first but I've kept it and life is better without them.
Food/grocery delivery should be a municipal service like garbage/recycling with no tipping and service provided by full time government employees with good benefits and use of city vehicles. Many, many new jobs, and a public service that everybody would love.
Surely any benefits will trickle down to employees and end users.
The deal is for $65/share but Instacart is trading at $57. Why? Shouldn’t it be a lot closer to 65?
Uber does both food and grocery delivery on top of rideshare.
I wonder if DD is going to make a play for Lyft next, which they’re already in close partnership. The market consolidating to these 2 players (Uber and DoorDash) seems natural(?), for lack of better terms. Either way, it wouldn’t surprise me.
Why? Wha does Doordash have to do with Instacart? How are these even remotely in the category of merging and buying the other?
$17b, thats like 1/2 an Instinct.
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That should definitely not go through but probably will.