Details
Written by: RJ
Door Dash has announced it’s acquiring Instacart for $17B in a 75% cash deal:
- Transaction values Instacart at $65.00 per share, representing a 26% premium to Instacart’s closing price on October 22, 2026
- Together, DoorDash and Instacart would help stores of every size reach more customers with the kinds of innovative technology that the biggest online retailers and grocers build for themselves
- Consumers to benefit from more choice and access to affordable delivery and savings
- Dashers and Shoppers to have more earnings opportunities and more choice over when and how they earn
Thoughts
We’ll have to see what happens to the little card benefits that each vendor provides. Mostly on the Chase side I believe.
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Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.