DoorDash to Acquire Instacart in $17 Billion Deal, Pending Completion

DoorDash agrees to acquire Instacart

DoorDash agreed to acquire grocery delivery company Instacart in a transaction valued at around $17 billion, the companies announced on October 29, 2026. The release shared by both parties set the price at $65 per Instacart share, described as a 26% premium to the company’s closing price on October 22, 2026, the last trading day before media reports of a possible transaction.

The acquisition remains subject to completion. DoorDash said the transaction is expected to close at the end of 2027 or in the first half of 2028. Until it closes, the companies said they will continue operating independently.

Customers would gain access to more stores

The companies said Instacart customers could shop at more than 50,000 additional stores through the combined service. DoorDash also said its delivery network and Instacart’s grocery and fulfillment technology would be offered through both companies’ apps and retailers’ own websites. The announcement proposed one combined DashPass and Instacart+ membership fee rather than separate fees, while leaving the brand and app in place.

Those benefits were presented by the companies as expected outcomes of the pending transaction, not features already available to customers. The companies also said the combination could give grocers and retailers access to DoorDash’s delivery network, Instacart’s fulfillment technology, and advertising and artificial-intelligence tools developed by each business.

DoorDash and Instacart outline combined services

DoorDash CEO Tony Xu said in the announcement that the combined company could give stores of every size more tools for grocery delivery. Instacart CEO Chris Rogers said the transaction would offer customers and shoppers a better experience. The companies said the arrangement could bring more orders to local businesses and wider store choices and faster delivery options for consumers.

DoorDash said it expected to retain key elements of Instacart, including the brand and app. The announcement also described the combined businesses as serving grocers and retailers of different sizes through DoorDash’s delivery network and Instacart’s grocery and fulfillment technology.

Earlier negotiations ended without a deal

The October 29 announcement followed renewed reports that Instacart was exploring a sale and that DoorDash and Uber had been discussed as potential buyers. DoorDash had previously pursued Instacart in 2021 negotiations that reportedly placed a higher valuation on the grocery company, but those talks ended over price and possible antitrust concerns.

The transaction’s completion is not assured. Reporting published on October 29 said the acquisition could face antitrust scrutiny, while the companies’ announcement established the agreement and its expected closing window without stating that regulatory clearance had already been obtained.