DoorDash is acquiring Instacart for $17 billion

Speculation around a deal started circulating last week. | Photographer: Michael Nagle/Bloomberg via Getty Images DoorDash has announced that it's buying Instacart in a deal valued at approximately $17 billion. The acquisition will give DoorDash a bigger presence in online grocery delivery thanks to Instacart's established grocery marketplace and retailer partnerships, with Instacart CEO Chris Rogers saying the deal will make "online grocery more seamless and affordable" for millions of households. DoorDash says the acquisition will give Instacart users acces to more than 50,000 additional stores and allow DashPass and Instacart Plus members to "pay one membership fee instead of two." The deal is expected to close "in the end of 2027 or the first half … Read the full story at The Verge.