Get the latest tech news
DoorDash to Acquire Instacart
Transaction values Instacart at $65.00 per share, representing a 26% premium to Instacart's closing price on October 22, 2026 Together, DoorDash and Instacart would help stores of every size reach more customers with the kinds of innovative technology that the biggest online retailers and grocers build for themselves Consumers to benefit from more choice and access to affordable delivery and savings Dashers and Shoppers to have more earnings opportunities and more choice over when and how they earn DoorDash , Inc. (NASDAQ: DASH) and Maplebear Inc. (d.b.a. Instacart , NASDAQ: CART) today announced a definitive agreement under which DoorDash will acquire Instacart for a total value of $65.00 for each Instacart share, or an equity value of approximately $17 billion. The aggregate transaction consideration will be at least 75% cash, with Instacart stockholders able to elect cash, DoorDash stock, or a combination of both, subject to proration so that DoorDash stock does not exceed 25% of
None
Or read this on Hacker News
