Gadgets

DoorDash is acquiring Instacart for $17 billion

DoorDash is acquiring Instacart in a deal valued at approximately $17 billion, expanding its online grocery delivery presence through Instacart's established marketplace and retailer partnerships. The acquisition will give Instacart users access to over 50,000 additional stores and allow DashPass and Instacart Plus members to pay one membership fee. DoorDash will preserve Instacart's brand, enterprise technology, and app, with the services remaining separate. The deal is expected to close by the end of 2027 or early 2028, subject to regulatory approvals and other conditions.

Read the full article at theverge.com →