DoorDash to acquire Instacart for approximately $17 billion
Filed with the SEC on · Summarized by InvestorsBot
DoorDash agreed on October 29, 2026, to acquire Instacart for $65 per share, valuing the transaction at approximately $17 billion; at least 75% of the consideration will be cash, with the remainder potentially paid in DoorDash stock. The deal requires Instacart stockholder and regulatory approvals and is expected to close in late 2027 or the first half of 2028, while DoorDash plans to fund the cash portion with cash on hand and debt financing.