DoorDash agrees to buy Instacart in $17 billion deal
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.
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The combination would merge DoorDash's restaurant delivery scale with Instacart's grocery logistics, potentially giving DoorDash a stronger foothold in online groceries, a sector executives describe as particularly hard to execute well. Grocers could gain access to a wider set of fulfillment and advertising tools from the merged company, though regulatory approval and integration challenges could still affect the deal's outcome.
- DoorDash will acquire Instacart for $17 billion at $65 per share.
- Instacart will keep its brand, app and technology after the deal closes.
- The deal still requires closing procedures, with both firms operating separately until then.
Source: techcrunch.com — Aisha Malik, 2026-10-29
Published there as: “DoorDash to acquire Instacart for $17B”
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