DoorDash's $17 Billion Instacart Deal Awaits Approval

Buzzline

DoorDash offers $17 billion to buy Instacart in a deal that could consolidate US grocery delivery, AP reports. DoorDash says customers paying $9.99 a month each for DashPass and Instacart+ would pay one fee instead of two, while Instacart users would gain access to 50,000 more stores. A retail consultant warned that less competition tends to be worse for consumers; DoorDash holds 59% of spending on US delivery platforms versus Instacart's 18%. The deal needs shareholder and regulatory approval and is expected to close in late 2027 or early 2028.  Disclosure: This video contains stock footage and content created or enhanced using AI-assisted tools.

Transcript

00:00Two of the biggest names in grocery delivery could soon become one.

00:03DoorDash is offering $17 billion to buy Instacart.

00:06The companies say the deal would pair DoorDash's reach with Instacart's grocery technology.

00:11It could also help them compete with rivals like Amazon and Walmart.

00:15For shoppers, DoorDash promises one membership fee instead of two.

00:20Right now, DashPass and Instacart Plus each cost $9.99 a month.

00:25Instacart customers would also get access to 50,000 more stores.

00:29But there's a catch.

00:30A retail consultant warns less competition tends to be worse for consumers.

00:35That could mean higher prices and fewer delivery partners for grocers.

00:39DoorDash already holds 59% of spending on U.S. delivery platforms,

00:44while Instacart's share has slid to 18%.

00:47The deal still needs approval from shareholders and regulators.

00:51If approved, it's expected to close in late 2027 or early 2028.

00:55Disclosure, this video contains stock footage and content created or enhanced using AI-assisted tools.

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