DoorDash is reportedly in advanced discussions to acquire Instacart for approximately $17 billion.

DoorDash is in advanced negotiations to purchase Instacart in a deal valued at around $17 billion. Instacart's market value was approximately $13 billion at the close of trading on Friday. A deal could potentially be finalized as early as this week, according to reports. This acquisition would significantly expand DoorDash's presence in the grocery delivery market by integrating Instacart's marketplace and retail partnerships.