DoorDash nears $17 billion deal to buy Instacart
· Tech · United States
DoorDash is in advanced talks to acquire Instacart for around $17 billion, according to people familiar with the matter, with an announcement possible in the coming days if the deal does not fall apart at the last minute. The Information first reported the talks on Friday. The combination would merge two of the largest US players in online grocery and delivery. Separately, Instacart is discontinuing its Caper smart shopping carts by 2027 — technology it once billed as "the future of grocery shopping" — as it redirects investment toward growth initiatives after its board approved the costly strategic shift.
Why it matters:A tie-up of this size would redraw the US grocery delivery map and test regulators' appetite for consolidation in an industry where AI-driven logistics is becoming the main competitive battleground.
Key points
- The reported price is around $17 billion.
- The Information first reported the talks on Friday.
- Instacart is separately winding down its Caper smart carts by 2027.
Sources (original reporting)
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