Business & Finance · Companies · 25 outlets (L 2 · C 12 · R 3 · 8 not rated)
DoorDash to buy Instacart for $17 billion
DoorDash announced Thursday it will acquire grocery delivery rival Instacart in a deal valued at about $17 billion.[12, 13, 14] DoorDash will pay $65 per Instacart share, a 26% premium over the stock's Oct. 22 closing price, according to Yahoo News and Forbes.[7, 14] The deal combines the country's largest restaurant delivery service with its biggest online grocery platform, according to The New York Times.[2]
Instacart will keep its brand name and app, and Instacart shoppers can continue fulfilling orders, DoorDash said, according to The Guardian and The Hill.[1, 12] The acquisition received unanimous approval from Instacart's board of directors, The Hill reported.[12]
Covered by The New York Times, NBC News, New York Post and 22 more
Read first DoorDash buying Instacart for $17B
Where accounts differ (1)
- Earlier and later reportsNBC News reported the deal is expected to close at the end of 2027 in the first half of 2028, while Bloomberg reported it is expected to close near the end of next year.[4, 9]
- NBC News · Center · Oct 29, 8:16 a.m. ET DoorDash to Acquire Instacart For $17 Billion
DoorDash plans to acquire Instacart in a deal worth about $17 billion. It’s expected to close at the end of 2027 in the first half of 2028. The acquisition would combine DoorDash’s dominance in restaurant delivery with…
- Bloomberg · Center · Oct 29, 12:15 p.m. ET DoorDash to Buy Rival Instacart in $17 Billion Deal
DoorDash Inc. agreed to buy rival Instacart in a deal that values the company at about $17 billion. The transaction is expected to close near the end of next year, the deal is still pending. DoorDash says it will keep…
- NBC News · Center · Oct 29, 8:16 a.m. ET DoorDash to Acquire Instacart For $17 Billion
How balanced is this coverage?
Of the 17 rated outlets that covered it, 2 are left of center, 12 are center and 3 are right of center (2 of them in the Right group). 8 more are not rated.
- Left: none.
- Leans left: The New York Times (−0.70), The Guardian (−0.70).
- Center: NBC News (−0.49), PBS NewsHour (−0.48), Newsweek (−0.30), Fortune (−0.25), ABC News (−0.19), CBS News (−0.14), Business Insider (−0.09), Yahoo News (+0.07), Bloomberg (+0.08), The Hill (+0.10), UPI (+0.17), Forbes (+0.19).
- Leans right: New York Post (+0.64).
- Right: The Washington Times (+1.27), Fox Business (+1.66).
Not rated BBC News, CNET, Engadget, Fast Company, Los Angeles Times, TechCrunch, The Information, The Verge. Not placed: they have no lean score.
Each dot is an outlet that covered it, placed by its audience-lean score (Eady et al. 2025), which measures who shares its links, not how accurate it is. The ticks under the line are all 113 rated outlets Tare reads.