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DoorDash's Instacart deal faces criticism from NYC's Mamdani

All Content from Business Insider·Alex Bitter·about 1 hour ago
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Zohran Mamdani has a spicy take on DoorDash's deal for Instacart

Zohran Mamdani reacted to DoorDash's deal for Instacart on Thursday. Yuki Iwamura/AP

Zohran Mamdani is skeptical of DoorDash's $17 billion deal for Instacart.

The New York City mayor denounced the proposed acquisition in a post on X on Thursday , hours after the company announced it.

"Corporate consolidation means higher prices, harsher exploitation, and greater economic inequality for New Yorkers," he wrote.

"We've stood up to these giants before," he added. "That doesn't stop now."

DoorDash CEO Tony Xu said on Thursday that the deal would lead to lower prices and faster delivery times for customers, as well as "more earnings" for the gig workers who make deliveries on the apps.

Mamdani also referenced the City's settlement with DoorDash last month, in which the delivery service agreed to pay $131.5 million to end an investigation into how it paid delivery workers in the city.

The settlement includes returning some of the money to…

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