DoorDash to acquire Instacart for $17 billion
DoorDash announced a definitive agreement to buy Instacart for $17 billion, a 26% premium to Instacart’s share price. The deal, pending shareholder and regulatory approval, is expected to close in late 2027 or early 2028. DoorDash cited its Q3 2026 revenue of $4.62 billion, up 34% YoY, and Instacart’s Q3 revenue of $1.1 billion, up 17% YoY, as the financial backdrop for the transaction.
Why it matters
The acquisition will add Instacart’s grocery‑delivery platform and its advertising business, which accounts for about 30% of Instacart’s revenue, to DoorDash’s logistics network, potentially expanding DoorDash’s addressable market. The $17 billion cash outlay and integration risk could affect DoorDash’s balance sheet and earnings outlook, and the deal will not be reflected in financial results until the closing period.
Key facts
- 1DoorDash agreed to acquire Instacart for $17 billion, representing a 26% acquisition premium. appeconomyinsights.com
- 2DoorDash reported Q3 2026 revenue of $4.62 billion, up 34% year‑over‑year. finance.yahoo.com
- 3Instacart reported Q3 2026 revenue of $1.1 billion, up 17% year‑over‑year. appeconomyinsights.com
- 4Instacart’s advertising and other services contributed 30% of its revenue. appeconomyinsights.com
- 5The transaction is expected to close in late 2027 or the first half of 2028, subject to shareholder and regulatory approvals. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.