DoorDash Proposes Acquiring Instacart
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On November 5, 2026, DoorDash stated at its third-quarter earnings call that it intends to acquire Instacart for $65 per share. The transaction still requires approval from Instacart shareholders and the satisfaction of other closing conditions. DoorDash plans to retain the Instacart brand, integrate restaurant merchant listings into Instacart, and allow DashPass members to receive both subscriptions at the current price. Management expects the combined business to contribute $500 million annually to profit by the third year.
AI-written from reports · updated 2 hours ago
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- PYMNTSDoorDash plans to acquire Instacart for $65 per share, integrating grocery business and subscription services
DoorDash outlined its plan to acquire Instacart for $65 per share at its third-quarter earnings call. The transaction still requires approval from Instacart shareholders and the satisfaction of other closing conditions. DoorDash plans to retain the Instacart brand, integrate restaurant merchant listings into Instacart, and allow DashPass members to receive both subscriptions at the current price. Management expects the combined business to contribute $500 million in annual profit by the third year.
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