DoorDash to buy Instacart in $17bn deal it says will expand customer options
Instacart shoppers will be able to buy from 150,000 stores, compared to the 100,000 currently available on the platform, the firms said.
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Instacart shoppers will be able to buy from 150,000 stores, compared to the 100,000 currently available on the platform, the firms said.
DoorDash said on Thursday it would buy Instacart in a deal valued at about $17 billion, stepping up its push into the fast-growing US grocery delivery market.
The acquisition would bring two major players in on-demand delivery under one roof, combining DoorDash’s dominance in restaurant takeout with Instacart’s reach in grocery delivery.
DoorDash is gobbling up Instacart in a $17 billion acquisition that will supercharge its grocery delivery business. DoorDash said the Instacart brand name and app will remain, and Instacart shoppers can continue fulfilling orders for Instacart. Grocers can also choose to work with Instacart or DoorDash. Instacart customers will now have access to 50,000 addi
The deal combines the two largest grocery delivery platforms in the US.
DoorDash plans to acquire Instacart in a deal worth about $17 billion. It’s expected to close at the end of 2027 in the first half of 2028. The acquisition would combine DoorDash’s dominance in restaurant delivery with Instacart’s lineup of grocery partnerships, creating one company to delivery customer’s weekly dining needs.
DoorDash's purchase of Instacart for $65 per share will unite two of the country's largest grocery and food-delivery companies.
Deal further consolidates the fiercely competitive US food delivery market
DoorDash has announced that it's buying Instacart in a deal valued at approximately $17 billion. The acquisition will give DoorDash a bigger presence in online grocery delivery thanks to Instacart's established grocery marketplace and retailer partnerships, with Instacart CEO Chris Rogers saying the deal will make "online grocery more seamless and affordable
The deal combines the country’s largest restaurant delivery service with its biggest online grocery platform.
Delivery giant DoorDash is buying to-your-door grocery service Instacart for $17 billion, the company announced Thursday.
Instacart might sell itself to a larger competitor.
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