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DoorDash to Buy Instacart in $17 Billion Deal

Bloomberg Technology Thursday 29 October 2026, 11:20 UTC By Ryan Gould and Natalie Lung 1 min read
Key Points

Deals DoorDash to Buy Instacart in $17 Billion Deal DoorDash Inc. agreed to buy rival Instacart in a deal that values the company at about $17 billion, the latest sign of consolidation in an increasingly competitive delivery market. DoorDash will pay $65 a share in cash and stock, it said Thursday in a statement. That represents a 26% premium to Instacart’s closing stock price on Oct. 22, the last trading day before media reports about a possible sale.

Deals DoorDash to Buy Instacart in $17 Billion Deal DoorDash Inc. agreed to buy rival Instacart in a deal that values the company at about $17 billion, the latest sign of consolidation in an increasingly competitive delivery market. DoorDash will pay $65 a share in cash and stock, it said Thursday in a statement. That represents a 26% premium to Instacart’s closing stock price on Oct. 22, the last trading day before media reports about a possible sale. Bloomberg News reported earlier this week that DoorDash and Instacart were in advanced deal talks.
DoorDash (PERSON) Instacart (ORG) Bloomberg News (ORG)
Originally published by Bloomberg Technology Read original →

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