
The consolidation in the market for food delivery services continues with another billion-dollar takeover.
AI-generated summary
The delivery services industry is consolidating after the end of the special boom triggered by Corona lockdowns.
New York. Consolidation among food delivery services is progressing. On Thursday, the US provider Doordash announced that it would take over US rival Instacart in a transaction valued at around $17 billion.
Competition among app-based delivery platforms has increased sharply after a special boom triggered by the Corona lockdowns expired.
Increasing cost pressure and stricter regulatory requirements for delivery drivers have also led to takeovers in the industry: Grubhub was sold to Just Eat Takeaway for $7.3 billion, Wolt and the British Deliveroo went to Doordash last year, and the German Delivery Hero went to Uber for $15 billion.

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