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DoorDash nears $17B deal to buy Instacart, aiming to compete with Walmart and Amazon in grocery delivery

Market News
27 Oct 2026, 00:16 WIB
Market Watch
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Bullish
DoorDash nears $17B deal to buy Instacart, aiming to compete with Walmart and Amazon in grocery delivery

DoorDash is reportedly in advanced talks to acquire Instacart for about $17 billion, according to The Wall Street Journal. This potential deal would combine two major grocery delivery platforms to better compete against dominant players Walmart and Amazon. The acquisition could close as soon as this week, though talks are not guaranteed to succeed. If completed, the merger could significantly reshape the grocery delivery market landscape.

DoorDash shares are trading at USD 168.84 on Pluang, down 5.88% in the last day, reflecting some market reaction to the acquisition talks. The stock's market cap stands at $77.72 billion, with a typical hold time of 60 days among Pluang investors. These figures are as of Oct 27, 2026 04:31 WIB.

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