BUZZ - Reports suggest DoorDash may acquire Instacart as early as Thursday, Instacart shares rise in response
路透社2026/10/28 22:06October 28 - ** The online fresh grocery delivery platform Instacart (CART.O) saw its share price rise about 4% in after-hours trading, closing at $60.48
** According to CNBC citing sources, news of DoorDash acquiring Instacart may be announced as early as Thursday morning
** After the market closed, DoorDash (DASH.O) shares fell about 2%, closing at $165.01
** A source told Reuters on Monday that the deal is valued at roughly $17 billion (link), and is expected to be finalized as soon as Wednesday
** As of the close of the previous trading day, CART has risen about 30% so far this year, while DASH has declined about 25%
(To facilitate non-native English speakers, Reuters provides automated translations of its reports into several other languages. As automated translations may contain errors or may not capture the intended context, Reuters does not guarantee the accuracy of the automated translation text. The automated translation is provided solely for the convenience of readers. Reuters accepts no liability for any damage or loss arising from the use of the automated translation service.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Report: DoorDash’s acquisition of Instacart may be finalized as early as Thursday, with a valuation of approximately $17 billion
DoorDash plans to acquire grocery delivery giant Instacart for about 17 billion USD, with the deal expected to be officially announced as early as Thursday. Uber has already withdrawn from the bidding, making DoorDash the sole buyer. If the deal goes through, DoorDash will expand from food delivery into the online grocery delivery sector. However, since the business operations of the two platforms overlap significantly, antitrust scrutiny may become the biggest obstacle.
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