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Business & Finance · October 28, 2026

DoorDash to acquire Instacart for $17 billion

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DoorDash announced on Thursday it has agreed to acquire Instacart in a deal valued at approximately $17 billion. The transaction, consisting of both cash and stock, prices Instacart at $65 per share, representing a 26% premium over its closing price on October 22. The merger unites two major players in the delivery sector: DoorDash, which dominates restaurant takeout with a two-thirds market share in 2024, and Instacart, a leader in grocery delivery. Following the announcement, DoorDash shares rose while Instacart shares remained relatively flat or slightly declined. The deal is expected to close in late 2027 or early 2028, with DoorDash planning to retain the Instacart brand and its technology stack.

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Reported by multiple outlets

  • DoorDash is acquiring Instacart in a deal valued at approximately $17 billion.
  • The acquisition price is $65 per share.
  • The deal consists of a combination of cash and stock.
  • DoorDash plans to keep the Instacart brand and its technology.
  • The purchase price represents a 26% premium over Instacart's closing price on October 22.
  • Both companies are headquartered in San Francisco.

Reported by only some outlets

  • DoorDash expects the deal to close in late 2027 or early 2028.
  • Instacart customers will gain access to 50,000 additional stores.
  • DoorDash commanded two-thirds of all food delivery volumes as of 2024.
  • The deal is at least 75% cash and mostly financed by borrowing.
  • DashPass and Instacart+ members will pay one membership fee instead of two.
  • Instacart's board of directors has unanimously approved the acquisition.

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