What DoorDash says its $17 billion deal for Instacart means for delivery workers

Impact · against what's priced in

The acquisition of Instacart provides DoorDash with a concrete path to the grocery and retail growth the market currently discounts, though it introduces new financing risks. For Instacart, the $17 billion valuation represents a massive reversal of the market's assumption that the company's revenue growth would collapse into a sustained decline.

CART+0.80

Challenges what's priced in

The price assumes