DoorDash Nears $17 Billion Acquisition of Instacart

WASHINGTON, Oct 28 (OPA) — DoorDash is finalizing an agreement to acquire Instacart, according to people familiar with the matter. The transaction, which could be announced as early as Thursday morning, marks a significant consolidation within the competitive food and grocery delivery sector.

Market speculation regarding the potential merger intensified last week as reports surfaced suggesting a valuation of roughly $17 billion for Instacart. Neither company has issued a formal statement confirming the terms or the timeline of the acquisition.

This move follows a period of aggressive expansion for DoorDash under President Donald Trump’s administration, as the company seeks to diversify its logistics capabilities beyond restaurant delivery. Instacart, which went public in 2023, has faced increasing pressure to sustain growth in a saturated market for on-demand grocery services.

Analysts expect the deal to face rigorous scrutiny from federal regulators, given the combined market share of the two platforms in the gig-economy delivery space. The integration of the two services would create a dominant force in the U.S. last-mile delivery industry.