GoKawiilDoorDash agrees to acquire Instacart for $17 billion
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.
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Combining DoorDash's delivery network with Instacart's grocery fulfillment technology could let the merged company compete more directly with large retailers that already build such tools in-house, according to the companies' joint statement. The deal suggests consolidation in on-demand delivery as growth in pure restaurant delivery slows and grocery e-commerce becomes a larger battleground. For Dashers and Shoppers, the merger could mean overlapping gig-work opportunities, though actual earnings impact remains to be seen.
- DoorDash will acquire Instacart for $65/share, about $17 billion in equity value.
- Deal consideration is at least 75% cash, with stock capped at 25% of total.
- Instacart's board has unanimously approved the agreement.
Source: about.doordash.com, 2026-10-29
Published there as: “DoorDash is acquiring Instacart for $17B”
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