DoorDash Acquires Instacart For $17 Billion, Valuing Shares At $65 Each
DoorDash has agreed to acquire Instacart for $65 per share, valuing the grocery delivery company at approximately $17 billion , a 26% premium to its October 22 closing price. The deal combines DoorDash ’s delivery net…
DoorDash has agreed to acquire Instacart for $65 per share, valuing the grocery delivery company at approximately $17 billion, a 26% premium to its October 22 closing price. The deal combines DoorDash’s delivery network with Instacart’s grocery technology, expanding consumer choice, delivery options and earning opportunities while helping local retailers compete with major online players; DoorDash co-founder and CEO Tony Xu and Instacart CEO Chris Rogers highlighted the potential to improve affordability and innovation. The transaction is expected to close in late 2027 or the first half of 2028, subject to shareholder and regulatory approvals.
FOUNDERS: Tony Xu, Stanley Tang & Andy Fang
VALUATION: $17,000,000,000
HQ: San Francisco, California
ABOUT THE DEAL
- Raise
- $17B
- Round
- Not stated
- Company
- Instacart
- Desk
- Deals
- Filed
- Oct 29, 2026
- Founders
- Tony Xu
- Stanley Tang
- Andy Fang