The Country

Center · Read · October 29, 2026

Oct 29 ยท DoorDash agrees to buy Instacart for about $17 billion in cash and stock and plans to keep the Instacart brand, with the deal expected to close by late 2027 or the first half of 2028

CNBC: DoorDash to acquire Instacart for $17 billion

Grade B (82/100). CNBC reports the price and premium, Tony Xu's statement, DoorDash's quarterly results, Instacart's competition and past FTC settlement, and Wedbush analysts on antitrust risk.

B: Uses an unnamed source or unsourced number.

  • Relies on an unnamed source or a number with no source (minus 18 points): says 'Sources familiar with the matter had told CNBC' when the deal would be announced, without naming them

Splits: CNBC reports the price and premium, Tony Xu's statement, DoorDash's quarterly results, Instacart's competition and past FTC settlement, and Wedbush analysts on antitrust risk.

Read at CNBC

Same story: NBC News, New York Post

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