CONNECT WITH US
eCommerce

eCommerce

What DoorDash’s proposed acquisition of Instacart means for Uber, Amazon and the rest of the quick commerce space

Modern Retail logo

Published on

Add as a preferred source on Google
What DoorDash’s proposed acquisition of Instacart means for Uber, Amazon and the rest of the quick commerce space

Below is the latest edition of Modern Retail’s Supply Chain Weekly newsletter, which goes out on Mondays at 10 a.m. ET, and dives into all things logistics and supply chain during a tumultuous time for the retail industry. To receive this weekly in your inbox, click here.

The race to be the go-to platform for shoppers when they want products delivered quickly is about to get a whole lot more cutthroat. 

Last week, DoorDash announced a proposed acquisition of Instacart for a gargantuan $17 billion. Should the merger go through, it would combine two platforms that together now account for 77% of consumer spending on U.S. delivery platforms, according to market research company Consumer Edge. 

Continue reading this article on modernretail.co. Sign up for Modern Retail newsletters to get the latest on the shifting dynamics between retail’s old and new guards.



Source link
Related Topics:eCommerce

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.