# DoorDash Agrees to Acquire Instacart in $17 Billion Deal By John Kim Canonical URL: https://www.tokenpost.com/news/business/43519 Published: 2026-10-29T12:43:53.000Z Updated: 2026-10-29T12:43:53.000Z Section: Business > The agreement sets a $65-per-share price and requires at least 75% of the consideration to be paid in cash. DoorDash announced Thursday that it has reached a definitive agreement to acquire Instacart for $65 per share, putting the grocery platform’s equity value at about $17 billion. At least 75% of the consideration will be paid in cash. The $65 amount is the price for each Instacart share, while about $17 billion is the aggregate equity value assigned to the company. The cash threshold describes how the consideration will be paid; the $17 billion figure is the company’s equity valuation. DoorDash serves customers across restaurant, grocery and retail categories. Instacart operates a grocery marketplace and provides retailers with technology and advertising services. Both companies have activity in grocery delivery, while Instacart also serves retailers with technology and advertising. The agreement follows Instacart’s [earlier sale exploration and preliminary discussions]() with DoorDash and Uber. Uber later ended its talks. Those conversations were preliminary and were not certain to lead to a transaction. Thursday’s announcement sets the acquisition’s price and minimum cash portion. ## Links in this article - [earlier sale exploration and preliminary discussions](https://www.tokenpost.com/news/business/41216)