
DoorDash to buy Instacart for $17bn in major grocery delivery consolidation
DoorDash is acquiring Instacart in a $17 billion deal that will sharply expand its grocery delivery business. DoorDash said the Instacart name and app will stay, Instacart shoppers can keep fulfilling Instacart orders, and grocers can choose to work with either company.
Instacart, founded in 2012, delivers groceries and convenience-store items in the U.S. and Canada. Its 600,000 independent-contractor shoppers completed 338 million orders last year, and it has a market value of about $14 billion.
DoorDash, founded in San Francisco in 2013, started with restaurant delivery and now operates in 40 countries. It completed more than 3 billion orders last year with 9 million independent delivery workers and is valued at about $73 billion. It began delivering groceries in 2020 during the pandemic surge.
Key points
- Deal value: $17 billion
- Instacart brand and app stay
- Instacart users gain 50,000 DoorDash stores
Summary written by Readthrough from the original article. The full story, with photos and any updates, is at The Guardian Business.



