Business & Tech
DoorDash Gobbles Up Instacart In $17 Billion Deal
Consumers will benefit by having more stores to choose from when they shop locally, DoorDash also said in announcing the acquisition.
Updated on: October 29, 2026 / 5:55 AM PDT
DoorDash said Thursday that it will buy Instacart for $17 billion, uniting one of the nation's top grocery delivery services with a major food delivery company.
Find out what's happening in Across Californiafor free with the latest updates from Patch.
DoorDash, which will pay $65 per share for Instacart, said the acquisition will benefit communities by enabling more supermarkets to use Instacart's platform to run their websites.
"Instacart has spent years learning to do that well for grocers, while DoorDash has built a delivery network and technology that local stores rely on every day," Tony Xu, co-founder and CEO of DoorDash, said in a statement. "Together, we could give stores of every size more of those tools and unlock the potential of grocery delivery."
Find out what's happening in Across Californiafor free with the latest updates from Patch.
Click here for the full story via CBS Los Angeles Metro Area
CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.
