DoorDash to Acquire Instacart for Approximately $17 Billion

DoorDash agreed on October 29, 2026, to acquire Maplebear, the parent company of Instacart, for $65 per share, valuing the transaction at approximately $17 billion; at least 75% of the consideration will be paid in cash, with the remainder potentially in DoorDash stock. DoorDash secured a commitment from JPMorgan for a $13.0 billion, 364-day unsecured bridge facility to support the cash payment, though it expects to replace that financing with cash and permanent debt; the deal is expected to close in late 2027 or the first half of 2028, subject to shareholder and regulatory approvals.