DoorDash has agreed to acquire Instacart in a $17 billion deal, marking a significant step in the online delivery sector. The transaction, which values Instacart at approximately $17 billion, includes a $65-a-share offer, representing a 26% premium to its closing price. The deal is expected to close in late 2027 or early 2028, pending regulatory and shareholder approvals. This move is designed to enhance DoorDash's delivery network and strengthen its position against competitors like Amazon and Walmart in the grocery delivery space.
October 29, 2026
DoorDash to Acquire Instacart in $17 Billion Deal
DoorDash announces a $17 billion cash-and-stock deal to acquire Instacart, boosting its grocery delivery capabilities.
Impact
The merger is likely to reshape the online grocery delivery landscape, offering expanded access to local stores and enhanced customer benefits.