DoorDash to acquire Instacart in $17 billion deal
+4 new sources since this summary was written
DoorDash announced a definitive agreement to buy Instacart (legal name Maplebear Inc.) for $65 per share, valuing the transaction at about $17 billion. The deal represents a 26% premium to Instacart’s closing price before the talks surfaced and will be funded with roughly 75% cash and the remainder in DoorDash stock. Both companies released Q3 2026 results the same morning, with DoorDash reporting $4.6 billion in revenue and Instacart posting $1.1 billion in revenue and $10.53 billion in gross transaction value.
Why it matters
The company says the combination will generate $500 million‑plus of annual synergies and expand its grocery footprint, which could improve margins and drive growth. The announcement lifted DoorDash’s share price and sparked a rally in the stock.
Key facts
- 1DoorDash will pay $65.00 per Instacart share, a 26% premium to the Oct. 22 closing price. marketscale.com
- 2The equity value of the transaction is about $17 billion. marketscale.com
- 3Approximately 75% of the consideration will be paid in cash. marketscale.com
- 4The deal is expected to close at the end of 2027 or in the first half of 2028, subject to shareholder and regulatory approvals. marketscale.com
- 5DoorDash reported Q3 2026 revenue of $4.6 billion, up 34% year‑over‑year. quiverquant.com
- 6DoorDash’s GAAP net income attributable to common shareholders was $466 million in Q3 2026. quiverquant.com
Summary written by AlphAI AI Desk from 20 of 25 sources. Not investment advice. Figures are as stated by the linked sources.