# DoorDash Agrees to Buy Instacart in $17 Billion Deal

The companies expect a late-2027 or first-half-2028 closing, subject to shareholder and regulatory approvals; their services remain separate for now.

By Will Langan | 24X7 News
Published: 2026-10-29T13:01:07.511Z
Updated: 2026-10-29T13:01:07.511Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/doordash-instacart-acquisition-agreement-october-29-2026

DoorDash and Instacart announced October 29 that they had signed an acquisition agreement valuing Instacart at approximately $17 billion, or $65 per share.

At least 75% of the aggregate payment would be cash. Instacart shareholders could choose cash, DoorDash shares or a combination, subject to limits keeping the total stock component at no more than 25%.

The companies expect the transaction to close in late 2027 or the first half of 2028. It requires Instacart shareholder approval, antitrust clearance and other regulatory approvals, including in Canada and Israel. Instacart’s board unanimously approved the agreement.

The announcement is a proposed transaction, not a completed merger. The companies said they would continue operating independently until closing.

DoorDash expects to retain Instacart’s brand, app and enterprise technology products. Instacart separately told shoppers there were no immediate changes to how they accept or deliver orders.

DoorDash said it planned to finance the cash payment with existing funds and debt. It has a bridge-financing commitment from JPMorgan Chase.

The companies’ promises of delivery savings, combined memberships and additional earning opportunities describe expected post-closing benefits, rather than changes already available to customers or workers.

Sources:
DoorDash — Acquisition Agreement: https://about.doordash.com/en-us/news/doordash-to-acquire-instacart
Instacart — Shopper Notice: https://company.instacart.com/shopper-community/instacart-doordash-news-what-it-means-for-shoppers-today

## Sources
- DoorDash — October 29 Acquisition Agreement: https://about.doordash.com/en-us/news/doordash-to-acquire-instacart
- Instacart — October 29 Shopper Notice: https://company.instacart.com/shopper-community/instacart-doordash-news-what-it-means-for-shoppers-today