DoorDash agrees to buy Instacart for $17B in cash-heavy deal
What happened
DoorDash and Instacart signed an acquisition agreement reported on October 29 at $65 per share, about $17 billion in equity value, a 26% premium to the October 22 close. At least 75% of the consideration is cash. The combined company plans to offer stores delivery networks, grocery fulfillment technology, advertising and AI tools, and will keep the Instacart brand, enterprise products and app. The deal is expected to close in late 2027 or the first half of 2028, pending Instacart shareholder and regulatory approval.
Written by AI from the coverage · updated 1 hour ago
Coverage
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- Hacker News front pageDoorDash to Acquire Instacart
DoorDash与Instacart签署收购协议，每股对价为$65.00，股权价值约$17 billion，较10月22日收盘价溢价26%。交易对价至少75%为现金，合并后计划向商店提供双方的配送网络、杂货履约技术、广告及AI工具，并保留Instacart品牌、企业技术产品和应用。交易预计于2027年底或2028年上半年完成，仍须获得Instacart股东及相关监管机构批准。
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