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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.
DoorDash is said to be in late-stage talks to acquire grocery delivery company Instacart in a deal worth about $17 billion, according to sources cited in reports. An announcement could come as soon as midweek, though the deal is not final and could still collapse. Instacart had previously been linked to acquisition talks with Uber, which sources say are no longer active.
A report surfaced that DoorDash is exploring a possible acquisition of Instacart, according to market reactions cited in coverage. DoorDash's stock declined following the report, signaling investor unease about the prospect. No deal terms or confirmation from either company were disclosed.
DoorDash is said to be exploring a deal to buy Instacart, according to a brief report. Details on valuation, timing or deal structure were not disclosed in the available information.
Instacart has reportedly hired an investment bank to explore strategic options and has discussed a potential sale with DoorDash, according to The Information. Bloomberg separately reported Instacart also talked with Uber, though Uber reportedly walked away from those discussions. Instacart's stock jumped more than 9.2% on the news, while shares of Uber and DoorDash fell.