DoorDash Acquiring Instacart
Sandra Rhodes · Oct 29, 2026 · 1 min read
DoorDash is acquiring Instacart — a grocery delivery company — in a deal valued at around $17 billion, the company announced.
In a Thursday release shared by both parties, it was announced that DoorDash is purchasing the company at $65.00 per Instacart share, "a 26% premium to Instacart's closing price on October 22, 2026, the last trading day before media reports about a possible transaction."
The acquisition would give consumers a wider variety of store choices and "faster delivery options,” the company said.
The release listed potential benefits for consumers, including 50,000 more stores for Instacart customers, one membership fee for DashPass and Instacart+ and more orders for local businesses.
"The combined company will offer grocers and retailers of every size DoorDash's delivery network and Instacart's grocery and fulfillment technology, in both apps and on stores' own websites, along with the advertising and AI tools each company has built," per the release.
The companies added DoorDash is expected to keep Instacart's mainstays, including the brand and app.
"Together, we could give stores of every size more of those tools and unlock the potential of grocery delivery," DoorDash CEO Tony Xu said in a statement.
Instacart CEO Chris Rogers said the deal would "offer an even better experience for customers and shoppers."
The deal "is expected to close at the end of 2027 or the first half of 2028,” the release noted.