Zohran Mamdani has a spicy take on DoorDash's deal for Instacart
Source: Business Insider ·
DoorDash's $17B deal for Instacart faces criticism from NYC Mayor Mamdani over concerns of economic impact on workers and consumers.
From the source
Zohran Mamdani reacted to DoorDash's deal for Instacart on Thursday.Yuki Iwamura/APNew York City mayor Zohran Mamdani criticized DoorDash's $17 billion plan to acquire Instacart.Mamdani said the deal could lead to higher prices and worse working conditions.The companies say the deal will lead to lower prices and give gig workers more chances to earn money.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…