GoKawiil
Tech News
National Sandwich Day falls on Election Day this year, and several food chains and delivery platforms are marking the occasion with promotions. Subway, 7-Eleven, and DoorDash are among the brands offering discounts or free items to customers on the date.
Meta says more than 10 million people in the US and Canada have activated its agentic AI tool Muse, with over 25% using it for shopping and average purchases above $200. But roughly 50 companies across travel, retail, telecom and finance told WIRED or said on earnings calls that orders, bookings and cancellations tied to Muse and similar agents remain minimal, with firms like DoorDash, T-Mobile, Hilton, Ally Financial and eBay describing activity as negligible.
On DoorDash's Thursday earnings call, CEO Tony Xu told analysts that AI agents have generated only a few hundred orders since launching, calling it a 'very low use case' against the roughly 1 billion total orders the company processed last quarter. Xu said customers still prefer to order food directly through DoorDash rather than via outside AI tools.
DoorDash CEO Tony Xu said on the company's Q3 earnings call that third-party AI shopping agents like Muse, Instinct and Fo have generated only a few hundred total orders, compared to the roughly 3 million deliveries DoorDash completes daily. Xu said most users still order through DoorDash's own app, while the company continues building its own agent tools, including a text-to-order agent, a CLI agent, and the Ask DoorDash chatbot.
DoorDash announced plans to acquire grocery delivery service Instacart in a $17 billion deal. The two platforms will keep operating separately under their own names, with DashPass and Instacart Plus subscribers eventually sharing a single membership fee. DoorDash says the deal is not expected to close before late 2027.
DoorDash has struck a deal to acquire US grocery-delivery rival Instacart in a transaction valued at $17 billion. The agreement would combine two major players in the on-demand delivery market under DoorDash's ownership.
DoorDash and Instacart announced a definitive merger agreement under which DoorDash will acquire Instacart for $65.00 per share, valuing the company at roughly $17 billion. The deal, unanimously approved by Instacart's board, will be paid at least 75% in cash, with shareholders able to elect cash, DoorDash stock, or a mix, subject to a 25% cap on stock. The price represents a 26% premium over Instacart's closing share price on October 22, 2026.
DoorDash announced Thursday it will acquire Instacart for $65 per share, valuing the grocery delivery company at $17 billion. Both companies' boards have approved the deal, though the two will operate independently until the transaction closes. DoorDash intends to retain Instacart's brand, app and enterprise technology.
DoorDash and Instacart announced a definitive merger agreement under which DoorDash will acquire Instacart for $65.00 per share, valuing the company at roughly $17 billion equity value and a 26% premium to its October 22, 2026 closing price. At least 75% of the deal will be paid in cash, with Instacart stockholders able to choose cash, DoorDash stock, or a mix, subject to a cap limiting stock to 25% of total consideration. Instacart's board has unanimously approved the agreement.
DoorDash has agreed to acquire Instacart in a deal valued at $17 billion, combining the two largest grocery delivery platforms in the US. The deal still requires regulatory approval and follows earlier, unsuccessful acquisition talks between the companies in 2021.
DoorDash has struck a deal to acquire grocery delivery rival Instacart in a transaction valued at $17 billion. The acquisition would combine DoorDash's restaurant delivery dominance with Instacart's grocery delivery business under one platform.
DoorDash announced plans to buy grocery delivery platform Instacart in a deal valued at roughly $17 billion. The acquisition would add Instacart's grocery marketplace and retailer partnerships to DoorDash's existing delivery business. The deal follows days of reports that Instacart had been in talks with both DoorDash and Uber about a potential sale.