The fast-moving grocery delivery business got a new shock on Wednesday when The Information reported that DoorDash has held talks in recent months about exploring a possible acquisition of Instacart in a deal that would be valued between $40 billion and $50 billion.
According to one analyst, the move makes sense and would create a powerful combination.
“Things are changing so quickly in the grocery industry that a combined DoorDash [and] Instacart will be a formidable company,” Brittain Ladd,...