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DoorDash nears $17B deal to acquire Instacart, boosting grocery delivery reach.

Company Fundamentals
27 Oct 2026, 04:42 WIB
Fox Business
View Source
Neutral
DoorDash nears $17B deal to acquire Instacart, boosting grocery delivery reach.

DoorDash is reportedly in advanced talks to acquire grocery delivery company Instacart in a deal potentially valued at around $17 billion. This acquisition would expand DoorDash's presence in the grocery delivery market, complementing its existing restaurant delivery services. Instacart's stock rose about 8% following the news, while DoorDash shares fell roughly 6%. The deal, if completed, would follow DoorDash's recent acquisitions of Deliveroo and Wolt, further extending its global footprint.

As of Oct 27, 2026 08:51 WIB, DoorDash shares on Pluang trade at USD 168.50, down 6.07% for the day, reflecting some investor caution despite the acquisition talks. The stock's market cap stands at $77.72 billion, with a strong buy interest at 76% of order activity on the platform. This notable trading activity highlights the market's mixed reaction to DoorDash's potential $17 billion deal for Instacart.

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