Wall Street Journal · Heather Haddon ·

DoorDash is in advanced talks to acquire Instacart, and the deal could be finalized as soon as this week and could value Instacart at ~$17B

Deal could be completed as soon as this week, people familiar with the matter say

In this story DoorDash Instacart

DoorDash is in advanced talks to acquire Instacart, and the deal could be finalized as soon as this week and could value Instacart at ~$17B

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Wall Street Journal — DoorDash is in advanced talks to acquire Instacart, and the deal could be finalized as soon as this week and could value Instacart at ~$17B ↗

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Reuters: DoorDash agrees to acquire Instacart in a ~$17B deal, paying $65 per share, a 26% premium to its October 22 close, as the platform delivery market consolidates

The Information: Instacart, currently valued at $12B, is in talks to sell itself and held preliminary conversations with DoorDash and Uber; CART jumps 9%+

Bloomberg: DoorDash moves its Q3 earnings release from November 4 to before the market opens on October 29, amid reports of an imminent ~$17B deal to acquire Instacart

TechCrunch: DoorDash agrees to acquire Wonder's Grubhub Campus Dining business, formerly Tapingo, for $300M, and will add $125M to Wonder's $650M Series D announced in July

Wall Street Journal: DoorDash unveils new retail partnerships to deliver clothing and footwear; Macy's is listing products directly on the DoorDash app for two-hour delivery

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