The American delivery platform DoorDash has reached a definitive agreement to acquire its competitor Instacart through a combined cash-and-stock transaction. The deal values Instacart at about 17 billion dollars (15.267 billion euros) and, as planned, the transaction could be completed toward the end of 2027.
Under the announced terms, DoorDash will pay 65 dollars for each Instacart share, which implies a premium of more than 11% compared with yesterday’s closing price and 26% compared with that recorded at the end of last Thursday’s session, before rumors about a possible purchase emerged.
Instacart shareholders will be able to choose between receiving 65 dollars in cash for each share they own, receiving 0.3372 DoorDash shares, or a combination of 48.75 dollars in cash and 0.0843 DoorDash shares. This last formula will be subject to proration so that the DoorDash shares do not exceed 25% of the total value of the transaction.
The company resulting from the integration will make available to supermarkets and retail stores, regardless of their size, DoorDash’s delivery network together with Instacart’s order management technology. These services will be offered both through their applications and on the stores’ websites, in addition to incorporating the advertising and artificial intelligence solutions developed by both companies, according to the two parties.
"Instacart has spent years perfecting its service for supermarkets, while DoorDash has developed a delivery network and technology that local businesses rely on every day. Together, we could offer stores of all sizes more tools and unlock the potential of grocery delivery," said Tony Xu, cofounder and chief executive officer of DoorDash.
"Joining forces with DoorDash allows us to do even more," said Chris Rogers, CEO of Instacart, who believes that Instacart’s specialized technology for the food sector and its strong alliances with retailers and brands complement DoorDash’s international footprint and logistics capabilities.
This move represents a new step forward in the consolidation of the home delivery business. This summer, the board of directors of Delivery Hero, parent company of Glovo, gave the green light to the purchase proposal submitted by Uber Technologies for 14.8 billion dollars (13.291 billion euros).
In addition, in May 2025 DoorDash itself had already closed an agreement to acquire the British platform Deliveroo for some 2.9 billion pounds (3.464 billion euros), payable entirely in cash.