DoorDash to acquire Instacart for $17B
DoorDash has announced an agreement to acquire grocery delivery company Instacart in a cash-and-stock transaction valued at approximately $17 billion, or $65 per share. The transaction unites two major delivery giants, combining DoorDash's strength in restaurant takeout with Instacart's extensive footprint in grocery delivery. Following the announcement, DoorDash stock rose while Instacart shares declined. The merged entities will boast a combined total of 82 million users and plan to merge the DashPass and Instacart+ subscription programs into a single offering for consumers.
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- ✓ DoorDash will buy Instacart in a cash-and-stock deal valued at approximately $17 billion, or $65 per share.
- ✓ The transaction is expected to close in late 2027 or the first half of 2028.
- ✓ The combined companies will have a total of 82 million users and plan to merge DashPass and Instacart+ into a single subscription.
What changed
DoorDash and Instacart officially announced their multi-billion dollar combination, setting up a major test before antitrust regulators.
Live updates
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DoorDash Announces $17 Billion Acquisition of Instacart
DoorDash has announced an agreement to acquire grocery delivery company Instacart in a cash-and-stock transaction valued at approximately $17 billion, or $65 per share. The transaction unites two major delivery giants, combining DoorDash's strength in restaurant takeout with Instacart's extensive footprint in grocery delivery. Following the announcement, DoorDash stock rose while Instacart shares declined. The merged entities will boast a combined total of 82 million users and plan to merge the DashPass and Instacart+ subscription programs into a single offering for consumers.
Why it matters
The acquisition positions the combined companies to build a stronger defense against major retail competitors like Amazon. By joining forces, the two delivery platforms aim to help local stores of all sizes access advanced retail technology. The transaction is projected to close in late 2027 or the first half of 2028, pending regulatory review.
What is confirmed
- DoorDash will buy Instacart in a cash-and-stock deal valued at approximately $17 billion, or $65 per share.
- The transaction is expected to close in late 2027 or the first half of 2028.
- The combined companies will have a total of 82 million users and plan to merge DashPass and Instacart+ into a single subscription.
What to watch next
- Federal Trade Commission antitrust review and potential regulatory challenges
- Final shareholder approval and transaction closing milestones between late 2027 and the first half of 2028
confidence 100%Sources used for this update (18)
- techcrunch.com — TechCrunch | Startup and Technology News
- www.nrn.com — Nation's Restaurant News
- abcnews.com — ABC News - Breaking News, Latest News and Videos
- The New York Times — DoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants
- Yahoo Finance — DoorDash stock pops, Instacart falls after companies announce $17 billion acquisition deal
- Instacart - Investor Relations — Instacart Announces Third Quarter 2026 Financial Results
- TechCrunch — DoorDash to acquire Instacart for $17B
- Bloomberg.com — DoorDash Will Buy Instacart to Bolster Its Defense Against Big Rivals
- www.supermarketnews.com — DoorDash to acquire Instacart for $17B - supermarketnews.com
- en.wowtale.net — [WOWTALE Global Weekly #2] Thrive and DoorDash Headline a Week of Megadeals
- abcnews.com — DoorDash to acquire Instacart in deal valued around $17B ...
- techcrunch.com — DoorDash to acquire Instacart for $17B - TechCrunch
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