Key Takeaways

DoorDash announced a $17 billion deal to acquire Instacart, with plans to keep its brand and technology while expanding both platforms’ retail networks.

Customers who pay for both DashPass and Instacart+ will get the option to combine their memberships into one subscription, while the companies will operate independently until the deal closes.

The acquisition follows DoorDash’s $131.5 million settlement over wage violations affecting more than 260,000 New York City delivery workers, with over $115 million designated for workers.

DoorDash is making a $17 billion move to expand its delivery empire.…