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DoorDash To Acquire Instacart In $17 Billion All-Cash Deal

DoorDash said it will acquire Instacart in a $17 billion all-cash deal announced Thursday, October 29, 2026, reshaping the U.S. grocery-delivery market.[1]

DoorDash will pay $65 per share for Instacart under the announced terms.[1] CEO Tony Xu said combining Instacart's grocery platforms with DoorDash's delivery network will help more supermarkets run their own e-commerce sites.[1]

Instacart and DoorDash each built businesses around online grocery and local delivery. Investors and industry watchers had expected consolidation as companies compete on speed, fees, and partnerships.

The deal marks one of the largest moves in U.S. last-mile grocery services and will likely redraw relationships between supermarkets, delivery platforms, and customers.

  1. CBS News
Economy & Markets Technology & E-Commerce
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📌 Key Facts

  • On Thursday, October 29, 2026, DoorDash said it will acquire Instacart for $17 billion.
  • DoorDash will pay $65 per share for Instacart under the announced terms.
  • CEO Tony Xu said combining Instacart's grocery platforms with DoorDash's delivery network will help more supermarkets run their own e-commerce sites.

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October 29, 2026