DoorDash agrees to buy Instacart for about $17 billion
DoorDash announced Oct. 29 it will buy Instacart for $65 a share, a deal valued at about $17 billion. Instacart's brand and app will stay. The deal is expected to close in late 2027 or early 2028, and an anti-monopoly group is already urging regulators to block it.
Bias breakdown and outlet coverageon the RUSH story page →The deal
DoorDash said Thursday, Oct. 29, 2026, it will acquire Instacart for about $17 billion. ABC News and the Associated Press reported the companies' announcement. The New York Post reported the deal is largely cash-financed and that Instacart's board approved it. The companies expect it to close at the end of 2027 or in the first half of 2028.
DoorDash says the Instacart brand, app and enterprise technology will remain. Business Insider reported the plan to maintain Instacart's brand identity. The BBC reported Instacart shoppers would be able to buy from more stores under the combined company.
Supporters and critics
CNN reported the American Economic Liberties Project, an anti-monopoly group, is urging regulators to block the deal, saying the combined company would control a large share of third-party grocery delivery. CNN also noted the companies argue the tie-up lets them better compete with Amazon, Walmart and Uber.
Newsweek reported New York City Mayor Zohran Mamdani's criticism that corporate consolidation means higher prices for customers. The Guardian reported the scale of each company's shopper and order volume. ZeroHedge covered the market reaction to the proposed combination.
Why it matters
The deal would combine the largest restaurant delivery app with the largest grocery delivery app. Prices, delivery fees and gig-worker pay are all on the table during what is expected to be a long antitrust review.