DoorDash will buy Instacart for $17 billion in mostly cash

DoorDash said it will buy Instacart for $17 billion in a mostly-cash deal and combine DashPass and Instacart+ under one DashPass fee, while the brands stay separate. The deal values Instacart at $65 a share, 26% above its October 22, 2026 close. Closing is expected at the end of 2027 or in the first half of 2028, subject to Instacart stockholder approval and other regulatory approvals.

The apps would remain distinct. The companies plan to share delivery infrastructure and technology. They have not said what happens to the DashPass and Instacart freebies attached to credit cards.

Some Chase cards currently include DashPass or Instacart+ memberships, sometimes with related credits. Those perks run through Chase's contracts with DoorDash and could be rewritten after the deal. Watch Chase's DashPass and Instacart+ card terms after closing.