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Doordash to buy Instacart in $17bn deal it says will expand customer options
Instacart shoppers will be able to buy from 150,000 stores, compared to the 100,000 currently available on the platform, the firms said.
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Instacart shoppers will be able to buy from 150,000 stores, compared to the 100,000 currently available on the platform, the firms said.
DoorDash has announced a deal to buy delivery market competitor Instacart, in a move that will leave users with one fewer iPhone app-based delivery option. DoorDash has confirmed plans to buy Instacart. DoorDash announced the move via a press release, noting that the $65-a-share buyout price represents a 26% premium on Instacart's closing price from October 22, 2026. The aggregate transaction consideration will be made up of at least 75% cash, with shareholders able to choose cash or DoorDash shares as payment.While the deal is yet to be completed, it's in both company's interests for the purchase to go ahead. Termination fees would see Instacart pay $650 million and DoorDash $1.25 billion should the deal falter. Continue Reading on AppleInsider | Discuss on our Forums
The acquisition would bring two major players in on-demand delivery under one roof, combining DoorDash’s dominance in restaurant takeout with Instacart’s reach in grocery delivery.
DoorDash is offering $17 billion to buy Instacart to supercharge its grocery delivery business in what would be a big consolidation in grocery delivery
DoorDash's purchase of Instacart for $65 per share will unite two of the country's largest grocery and food-delivery companies.
DoorDash plans to acquire Instacart in a deal worth about $17 billion. It’s expected to close at the end of 2027 in the first half of 2028. The acquisition would combine DoorDash’s dominance in restaurant delivery with Instacart’s lineup of grocery partnerships, creating one company to delivery customer’s weekly dining needs.
Delivery giant DoorDash is buying to-your-door grocery service Instacart for $17 billion, the company announced Thursday.