Business
DoorDash agrees to acquire Instacart for $17 billion
October 29, 2026 at 02:25 PM · Updated 27m ago
Coverage
4 reports · over 2 hours
BNBBC News
Doordash to buy Instacart in $17bn deal it says will expand options for customers
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TGThe Guardian
DoorDash to buy Instacart for $17bn in major grocery delivery consolidation
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TETechCrunch
DoorDash to acquire Instacart for $17B
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CNCNN
DoorDash is buying Instacart for $17 billion
(opens the publisher’s site)DoorDash has agreed to acquire grocery delivery rival Instacart for $17 billion in a cash-and-stock deal announced Thursday.
- The cash-and-stock deal values Instacart at $65 per share and has been approved by both companies' boards.
- Tony Xu, DoorDash's co-founder and CEO, said the acquisition combines Instacart's grocery expertise with DoorDash's logistics and delivery network.
- DoorDash plans to retain the Instacart brand, app, and enterprise technology products, while the companies operate separately until the transaction closes.
- The American Economic Liberties Project urged regulators to block the deal, saying the combined companies would control nearly 60% of the third-party grocery delivery market.
- The transaction is expected to close by early 2028, making it DoorDash's largest acquisition to date.
- The deal would give Instacart shoppers access to 150,000 stores and help DoorDash compete with Amazon.
- New York City's consumer watchdog criticized the deal, warning it would accelerate consolidation in grocery delivery.