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DoorDash (DASH) is in advanced talks to acquire Instacart (CART)
DoorDash is reportedly in advanced talks to acquire grocery delivery company Instacart, with a deal potentially valued at $17 billion and announced as soon as Thursday. While Instacart shares rose on the news, DoorDash shares declined. This acquisition would represent a significant shift in the food and grocery delivery market, where DoorDash also competes with Uber Eats and GrubHub.
Amazon adds dynamic food delivery ordering to Alexa+
Amazon is enhancing its Alexa artificial intelligence assistant with new dynamic food delivery ordering capabilities through GrubHub and Uber Eats. Users with Amazon devices featuring large screens, such as the Echo Show 8 or larger, can now place orders using natural language, specifying cuisine types, favorite restaurants, and even special requests. This feature requires linking a GrubHub or Uber Eats account to Alexa.