DoorDash Agrees to Acquire Instacart for Approximately $17 Billion

The input supports a definitive DoorDash–Instacart acquisition agreement announced on October 29, 2026, with explicit terms of approximately $17 billion, or $65 per Instacart share, in cash and stock. Additional context states that at least 75% of consideration will be cash, DoorDash stock will be capped at 25%, and closing is subject to stockholder and regulatory approvals. This is a major forward-looking merger with implications for DoorDash, Instacart, and explicitly identified delivery and grocery competitors, so the importance remains very high. Surprise is reduced from the initial estimate because advanced talks, the approximate valuation, and a possible announcement that week had already been reported. The exact execution time is not independently stated; the supplied 11:23:44Z timestamp is retained as the best estimate anchored to the October 29 announcement window, with reduced timestamp confidence. The agreement is a distinct milestone from the earlier rumored talks but clearly continues the existing acquisition storyline represented by event 9974. Only the two transaction parties and major competitors explicitly identified in the context are approved as stakeholders; weaker, indirect effects on merchants, advertisers, and other companies are excluded.