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● LIVE Updated 3h ago · 10 sources tracked

Instacart Founder Is A Billionaire Again After DoorDash Acquisition Talks

DoorDash is in advanced talks to acquire Instacart in a deal valued at approximately $17 billion, according to multiple sources. This acquisition would unite two delivery giants under one roof, with DoorDash's focus on restaurants and Instacart's robust stable of grocery partners. The deal would give DoorDash a leg up over Uber and Amazon in the world of grocery delivery.

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⚡ Key Developments & Real-Time Context
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  • ✓ DoorDash is in advanced talks to acquire Instacart.
  • ✓ The deal is valued at approximately $17 billion.
  • ✓ The acquisition would unite DoorDash and Instacart under one roof.
  • ✓ Instacart's founder would return to being a billionaire if the deal goes through.
🛡️ Source Corroboration: 10 independent reporting domains (85% confidence) ⏱ Read time: ~2 min

What changed

The talks have progressed to an advanced stage, with sources confirming the $17 billion deal.

Live updates

  1. DoorDash in Advanced Talks to Acquire Instacart for $17 Billion

    DoorDash is in advanced talks to acquire Instacart in a deal valued at approximately $17 billion, according to multiple sources. This acquisition would unite two delivery giants under one roof, with DoorDash's focus on restaurants and Instacart's robust stable of grocery partners. The deal would give DoorDash a leg up over Uber and Amazon in the world of grocery delivery.

    Why it matters

    The acquisition talks come after Instacart explored a sale. Instacart's founder would return to being a billionaire if the deal goes through. The deal would supercharge DoorDash's grocery delivery, which is considered one of the hardest things to get right online.

    What is confirmed

    • DoorDash is in advanced talks to acquire Instacart.
    • The deal is valued at approximately $17 billion.
    • The acquisition would unite DoorDash and Instacart under one roof.
    • Instacart's founder would return to being a billionaire if the deal goes through.

    Still unconfirmed

    • Uber had previously walked away from acquiring Instacart.

    What to watch next

    • The finalization of the acquisition deal
    • Regulatory approval of the deal
    • The impact of the acquisition on the grocery delivery market
    Sources used for this update (12)
    1. WSJ — Exclusive | DoorDash Is in Advanced Talks to Acquire Delivery Rival Instacart
    2. Reuters — DoorDash in talks to buy Instacart in roughly $17 billion deal, source says
    3. Semafor — Exclusive / DoorDash in exclusive talks to acquire Instacart
    4. WSJ — DoorDash Circles Deal to Buy Instacart | What’s News for Oct. 26
    5. Forbes — DoorDash Acquisition Talks Return Instacart Founder To BIllionaire Ranks
    6. Fox Business — DoorDash in advanced talks to acquire Instacart in potential $17B deal: report
    7. Reuters — Breakingviews - COMMENTARY: Instacart would be an expensive impulse purchase
    8. Yahoo Finance — DoorDash Is Close to Buying Instacart for $17 Billion After Uber Walked Away
    9. The Information — Instacart Is Exploring a Sale
    10. www.businessinsider.com — DoorDash Plans to Buy Instacart for $17 Billion - Business ...
    11. www.cnbc.com — DoorDash to acquire Instacart for $17 billion - CNBC
    12. www.theguardian.com — DoorDash to buy Instacart for $17bn in major grocery delivery ...
    confidence 85%
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