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Factbox-DoorDash delivers latest deal as industry consolidation gathers pace

Reuters
Factbox-DoorDash delivers latest deal as industry consolidation gathers pace

Oct 29 (Reuters) - ‌Doordash said on Thursday it ​would ‌buy US grocery delivery ‌rival Instacart in a deal valued ‌at about $17 billion.

Intensifying competition amid cautious consumer spending, slower growth ⁠since the pandemic ‌boom and ⁠mounting regulatory and labor-related ​costs are driving a consolidation in ​the delivery industry.

In ​July, ‌Uber agreed to ​buy Germany's ⁠Delivery Hero to ‌create the ​largest food-delivery ​group outside China.

Here are some of the companies that have ‌announced buyouts since 2020:

Year Buyer Target Deal value Link

2026 DoorDash Instacart  $17

billion

2026 Uber Delivery  $14.8

Hero  billion

2025 DoorDash Deliveroo $3.85

billion

2025 Prosus Just Eat $4.3

Takeaway.c billion

om

2025 Wonder Grubhub $650

million

including

debt

2022 DoorDash Wolt $3.5

billion

2021 Just ‌Eat Grubhub $7.3

Takeaway.c billion

om

2020 Uber Postmates $2.65

billion

(Reporting ​by Anuja Bharat Mistry in Bengaluru; Editing by Sriraj Kalluvila ‌and Devika Syamnath)

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