DoorDash agrees to buy Instacart for $17B, combining delivery networks
The $65-per-share cash-and-stock deal pairs DoorDash's delivery network with Instacart's grocery software and awaits shareholder and regulatory approvals.
By Ryan Merket · Published
Primary source: x.com
Why it matters
The proposed $17B acquisition would combine DoorDash's delivery reach with Instacart's retailer software and advertising operation. Regulators and local officials are scrutinizing consolidation and worker protections as the deal enters a lengthy approval process.
DoorDash, led by co-founder and CEO Tony Xu (@t_xu), agreed to acquire Instacart for about $17 billion, combining its delivery network with Instacart's grocery fulfillment software, retailer tools and advertising business. The companies announced the definitive agreement on October 29th, saying the transaction is expected to close at the end of 2027 or during the first half of 2028, subject to shareholder and regulatory approvals.…
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